Shop on­line? You may have to en­ter code to fight fraud

Computer Active (UK) - - News -

You may have to wait for a text mes­sage be­fore con­firm­ing an on­line pur­chase un­der Gov­ern­ment pro­pos­als to com­bat fraud. The mes­sage would con­tain a code that you’d en­ter on­line at the check­out stage.

The tech­nique, known as two-step ver­i­fi­ca­tion, is al­ready used by com­pa­nies like Google, Face­book and Ap­ple to give you a sec­ond layer of pro­tec­tion when you sign in. You can add ad­di­tional phone num­bers in case the first de­vice is lost or stolen.

Home Of­fice min­is­ters said the move could help to pre­vent thieves from us­ing stolen credit-card de­tails, a crime that af­fects a mil­lion peo­ple ev­ery year.

Home Sec­re­tary Am­ber Rudd said she was “ex­cited” by the plan. She told the Home Af­fairs se­lect com­mit­tee that it “could be a real win in terms of pro­tect­ing peo­ple”.

Another idea be­ing con­sid­ered is the in­tro­duc­tion of credit and debit cards that con­tain a unique code on the sig­na­ture strip that changes ev­ery hour. This would re­place the cur­rent three-digit CVV code. Mastercard is work­ing on the early stages of the scheme.

Home Of­fice Per­ma­nent Sec­re­tary Philip Rut­nam said that a new set of se­cu­rity mea­sures need to re­place chip and PIN. The Gov­ern­ment has been crit­i­cised for not do­ing enough to fight the dra­matic rise in on­line fraud, which costs Bri­tons over £10bn a year.

Ear­lier this year Sir Amyas Morse, head of the Na­tional Au­dit Of­fice, said the crime had been “over­looked by Gov­ern­ment, law en­force­ment and in­dus­try”, and de­manded an ur­gent re­sponse.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.