Central Banking

Security hole in cash machines

UK - A serious weakness has been discovered in the methods used by banks to protect the personal identification number (Pin) that lets you get money from a cash machine.

Researchers from the University of Cambridge have found that the computer systems that check these numbers are valid are easy to defeat.

They warn that unscrupulous insiders could exploit these weaknesses to raid customer accounts.

The researchers have called on banks to revise their security arrangements and use more open pr