* Posts by imprecision

1 publicly visible post • joined 26 Mar 2012

Barclaycard pay-by-bonk fraud risk exposes Amazon's security

imprecision
Stop

Amazon as a merchant have the choice to enforce CVV2 checks or not - it is at their liability (not the customer) if they don't and the card transaction turns out to be fraudulent. This is *their* choice as offered by the card companies.

This is not an issue with Amazon, or any other retailer who decide to take the risk (at *their* cost) of not enforcing CVV2 checks (usually because they see a better trolley-to-order conversion ratio by not enforcing it).

This is a failure of Barclays to produce any kind of security in their hardware. Plain and simple.