Shell UK Abandons Chip-and-Pin After £1M Fraud

After being told by banks and lenders across the UK that Chip and Pin is safe to use and provides better security (it doesn’t, it just shifts financial liability for loss to the consumer instead of the lender) Shell have announced that they’re suspending Chip and Pin at 600 of their Petrol stations in the UK after £1 million of customer money was stolen through a Shell Petrol station — via Snake Oil Labs