Feeds

Sharing bank PINs leaves consumers at risk

Although not necessarily, says expert

Secure remote control for conventional and virtual desktops

One in ten consumers either write down or share their ATM card PIN codes, according to a new survey by the UK's Consumer Association.

If a card is fraudulently misused, banks will only provide a refund if the cardholder had taken care of their card and account details. Writing down PIN numbers or sharing them with others violates these conditions and could be considered careless behaviour, the Consumers Association Which? magazine warns.

However, noted banking security expert Ross Anderson takes issue with these conclusions from a 1,000 person poll in a blog posting on the University of Cambridge's Light Blue Touchpaper blog. He argues that it would be wrong for banks to claim individuals are grossly negligent even if they do share PIN numbers. This PIN could be disguised as part of a phone number in an address book with hundreds of other numbers, he points out.

"And if banks don’t want disabled people to share PINs with carers, they ought to come up with an alternative, or be held to account under disability discrimination laws," Anderson adds.

Anderson also notes that banking associations, APACS and now UK Payments Administration, have given contradictory advice about whether or not consumers should use the same PIN codes with multiple cards.

"By giving customers contradictory and impractical advice, the banks are placing an unmeetable burden on them," the Cambridge Don concludes. ®

Intelligent flash storage arrays

More from The Register

next story
You really need to do some tech support for Aunty Agnes
Free anti-virus software, expires, stops updating and p0wns the world
Regin: The super-spyware the security industry has been silent about
NSA fingered as likely source of complex malware family
You stupid BRICK! PCs running Avast AV can't handle Windows fixes
Fix issued, fingers pointed, forums in flames
Privacy bods offer GOV SPY VICTIMS a FREE SPYWARE SNIFFER
Looks for gov malware that evades most antivirus
Patch NOW! Microsoft slings emergency bug fix at Windows admins
Vulnerability promotes lusers to domain overlords ... oops
HACKERS can DELETE SURVEILLANCE DVRS remotely – report
Hikvision devices wide open to hacking, claim securobods
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Go beyond APM with real-time IT operations analytics
How IT operations teams can harness the wealth of wire data already flowing through their environment for real-time operational intelligence.
The total economic impact of Druva inSync
Examining the ROI enterprises may realize by implementing inSync, as they look to improve backup and recovery of endpoint data in a cost-effective manner.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.