Why do websites require lengthy and complex passwords but credit cards only need a 4-number PIN?

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Why do websites require lengthy and complex passwords but credit cards only need a 4-number PIN?

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25 Answers

Anonymous 0 Comments

As well as 2fa and lockouts…the card Is just a key for a bigger system.

In the old days you basically left your details with someone, they sent it to the bank and it took time to clear. You could technically still do this with a cheque or manual processing sheet if you had no internet connection….but you don’t because it has zero security. The bank assumes no responsibily if it turns out to be fake later.

The bigger system should know if the card is stolen, how much you can spend and if it’s been used 80 times in the last 3 minutes in 6 countries.
The system also knows who’s putting through 85 transactions on stolen cards every day and will, eventually, tell someone.

Frankly it’s easier to mug someone and make them use the card to get cash than try to clone or use a stolen chip and pin in a shop.

Americans that thought they could buy stuff with their unsigned cards on the security of their signature were once the bane of my retail life.

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