Security threats Toolkit

Story: Stark warning as UK faces cybercrime boom

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Reasons why only KEY and PIN system will deter virtually all fraud crimes

By now banks should realise that Chip and PIN system will not combat fraud because it does not deter identity fraud, ATM fraud, stolen card and PIN fraud, card not present fraud, faked fraud etc. the way KEY and PIN system described on website www.xwave.co.uk will.

So until banks exploit proposed KEY and PIN system fraud crimes will continue to grow.

KEY and PIN system could be treated like international ID card since it will personalise signature and PIN to the right individual in any country in the world.

We hope banks and the government would exploit KEY and PIN system before it is too late to stop a fraud boom.

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