via boingboing which links to a google video of how easy it is to hack the terminals.
I have always thought chip&pin was a really dumb idea. Take something (the PIN code) that you use rarely on a very secure network (ATMs are linked using a VERY secure network), and now get ordinary people (mass humanity is never that smart!) to enter these codes multiple times a day.
The old system of using a biometric (your signature), always seemed more secure to me.
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