Oh, the irony EDIT: well, maybe not so much ironic as just plain stupid

[johnjohn320]

Can't quite figure this one out, maybe you can help me:

OK, so I just bought FruityLoops Software, and was about to check out by way of credit card. Part-way through the process, after you enter in the name, expiration, etc, they tell you to enter in a "CVV2 Verification Code", which is apparently located on the back of all credit cards. I've never heard of it before, but I figured "hey, why not" after reading it. The logic is, it prevents fraud, in that even if someone steals your credit card information, they still can't use the card, because you have to enter the verification code, proving you physically have the card. Sounds reasonable.

Ok, anyone else figure it out yet? You enter the code. So if someone steals your credit card info, and you've entered the CVV2 code, they have that too, easy as pie. Which means nothing is stopping them from going shopping on your card.

I gave up and sent a check in the mail.

 

[johnjohn320]

Am I the only one who's seen this before?

 

[AUMM]

my visa card has one, i wonder how it helps, wierd

 

[Deeko]

most places don't use that...so I guess a stolen card would usually just be the account number. Buying things online is safe. I thought you told me you weren't internet-paranoid

 

[Viper GTS]

That's why you use one time use numbers, they even have their own 3 digit codes that are generated.

Good stuff, great for those sites that you don't really want billing you recurringly.

<COUGH>PORN</COUGH>



Viper GTS

 

[johnjohn320]

Originally posted by: Deeko
most places don't use that...so I guess a stolen card would usually just be the account number. Buying things online is safe. I thought you told me you weren't internet-paranoid

It wasn't my card, thus, not my choice.

That's why you use one time use numbers, they even have their own 3 digit codes that are generated.

Good stuff, great for those sites that you don't really want billing you recurringly.

Eh? (Haven't heard of that before, care to provide more info? Sounds interesting...)

 

[Deeko]

It wasn't my card, thus, not my choice.

Well then they were being paranoid. You are just as likely to get your card number stolen in a normal transaction than a secure online transaction from a reputable vendor.

 

[bmacd]

the logic is that if somebody steals your number from a restuarant carbon copy (or something similar), they generally don't have the 3 digit number or if somebody is "scanning for credit card numbers" with their uber hacking techniques.

-=bmacd=-

 

[johnjohn320]

Originally posted by: bmacd
the logic is that if somebody steals your number from a restuarant carbon copy (or something similar), they generally don't have the 3 digit number or if somebody is "scanning for credit card numbers" with their uber hacking techniques.

-=bmacd=-

Dude, the point I'm making is that once you enter the number, they'll get that whenever they hack it, along with everything else. What's the point?

 

[Deeko]

Originally posted by: johnjohn320

Originally posted by: bmacd
the logic is that if somebody steals your number from a restuarant carbon copy (or something similar), they generally don't have the 3 digit number or if somebody is "scanning for credit card numbers" with their uber hacking techniques.

-=bmacd=-

Dude, the point I'm making is that once you enter the number, they'll get that whenever they hack it, along with everything else. What's the point?

They might just be scanning for the 16-digit number. Or if they snake it from a store, rather than the internet, they are definitely only getting the number(sans AMEX).