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Re:The Big Hack: How China Used a Tiny Chip to Infiltrate Am... by liveoneggs on Thursday October 04, 2018 @01:11PM (#18141712)
he's saying that his company knowingly allows a percentage of fraud, identity, and financial theft to occur against his customers' customers because there are enough layers of indirection where they (he and his bosses) probably can't be held personally responsible. Enough efforts (fancy tables with big receipts, etc) have been provided for coverage in case of a court case or media blitz but actually using a reputable supplier is clearly too expensive.

I can't believe the parent comment is so brazen. It makes me physically sick.

Re:The Big Hack: How China Used a Tiny Chip to Infiltrate Am... by candiodari on Thursday October 04, 2018 @02:25PM (#18142294)
I guess it's news to you that the financial sector and especially banks in fact do exactly that:

https://www.creditcards.com/credit-card-news/credit-card-sec...

But it doesn't stop with the cards. ATMs, Tax Fraud, ... almost all businesses within banks have to deal with fraud and there is some threshold that they just allow to happen.

Re:The Big Hack: How China Used a Tiny Chip to Infiltrate Am... by mattkerle on Friday October 05, 2018 @03:28AM (#18146362)
like shoplifting. Most large chains know exactly how much "loss" they experience, and they just raise their prices to cover it. Theft and fraud is a part of life unfortunately...
Re:The Big Hack: How China Used a Tiny Chip to Infiltrate Am... by liveoneggs on Thursday October 04, 2018 @04:41PM (#18143485)
knowing about it and willfully facilitating it are two different things