Secret Service Warns of Chip Card Scheme

[Gmood1]

Even more of a reason to use your credit card instead of debit.
https://krebsonsecurity.com/2018/04/secret-service-warns-of-chip-card-scheme/

[Anonymous]

Wait a tic, I thought this new "chip" technology was supposed to be "more" secure than the old mag strip? lol

"Added" security my butt... 

Scary to say the least, knowing this. Since it has ntohing to dow ith usage and skimmers etc.

[Anonymous]

Gmood1 ... nice catch! Thanks for the not so good news ...

[SOGGIE]

Good info Gmood.

[silvius]

Interesting.  Inspect your new cards when they arrive for signs of tampering around the chip.

[Dalmus]

I'm trying to figure out why a large corporation would be using a debit card anyway?  Debit card transaction amounts are limited, for one thing.   Also, best practices in accounting are to never give anyone access to a payment account... ever.   There's no other reason to have a debit card.