Online Fraud.

[catsnknots]

After being woken by a txt message this morning informing me that my card had been used last night in a suspected fraudulant manner and to call the banks Fraud Unit I had to get online and check and change some passwords just in case... 

I then read some emails... one was about Target US and how it had a data breach not long ago and the information had been updated... 

They first said that 40 million people were impacted but instead 110 million people had data breached. Apparently that is 1/3 of the population over there.... 

They have been offered free credit monitoring.... they will have to watch out for the rest of thier lives..... 

It makes me think about what I now need to watch out for and where they got my information from. 

[cherry*135]

Could you please show where that has been proven to have happened?

What can they do with the scanner? Put through a transaction? There is not enough data (name, cvv number, 3 digit number on back of card etc) on the paywave function for a scammer to be able to commit fraud with it.

[ca04]

am*3

they can clone the chip from your card.

[cherry*135]

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@ca04 wrote:

am*3

they can clone the chip from your card.

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 I thought you were talking about scammers with scanners that can scan the paywave on bank cards that you claim can do this from 3-4 metres away.... banks/Visa/Mastercard say 4cm away.

How can someone clone the chip from a credit card by scanner 3-4 metres away or 4cm away through a handbag/wallet?

[catsnknots]

oh wow... just chatted to young son to make sure he had changed his EA account details as that was where the transactions seemed to come from. He had and I asked him to go in and check the transaction history and he casually said yes there was but they were to a game he did not even own. 

So I promptly got his log in details and went in to check... 

far out..He had been hacked..... 35 transaction made in RUB and FF and US dollars... so they tested it in Russian dollars, then in Francs and the in US... with a quick calculation it is a value of over $4000. 

He had not logged into that account for over six months.  

[ca04]

am*3

do you know how the chip works? or how the transponder in your car key works?

[cherry*135]

Mind boggling...catmad.

About chips in credit cards: an example from one bank. I imagine most Aust banks are the same. 

The ANZ security chip credit card does not use RFID ( Radio Frequency Identification)Technology. It is not possible for anyone to use a contactless scanner to copy the ANZ security chip credit card.

That was the whole point of moving away from the magnetic strip & swipe to chip.. to make the card/details more secure.

[cherry*135]

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@ca04 wrote:

am*3

do you know how the chip works? or how the transponder in your car key works?

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It is not possible for anyone to use a contactless scanner to copy the ANZ security chip credit card. The ANZ security chip credit card does not use RFID (Radio Frequency Identification) Technology.

[cherry*135]

Apart from that your comment initially was about the paywave symbol on cards and that being scanned from a distance by a scammer.

For what purpose .. they can't get enough details from that to scam the account holder.

You went from that (no proof that anyone has done that from 3-4 metres away) to chips on credit/debit cards totally different issue.

If scammers/fraudsters steal credit cards then they can get the info from them.

[cherry*135]

Australian Crime Commission:

Notably, fraud from PIN only cards dropped from 10.7 cents to 4.1 cents in every $1000 transacted. The drop in fraud on PIN only cards is evidence that PIN and chip technology is helping protect Australian businesses and individuals from counterfeit and skimming fraud.4

[ca04]

am*3

in other words your answer to my question is "no" so any further information from me in the persuit of your  further education is pointless. 🙂