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Security Strategy

By Andy McCue

Published: Monday 08 November 2004


Name

Jamie Bishop


Location

Madrid


Occupation

Neurologist


Comment

That doesn't match the evidence in countries that have been using PINs at store terminals fo payment. Muggings outside stores in Madrid went up 300% on the introduction of these systems.

But of course, the retailers and card providers no longer are liable for the losses from these crimes and the cost is now spread amongst all card holders in the form of insurance.

No wonder the UK retailers and banks are pleased with this new idea.



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