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A comment on We'd lose our security certificate if we allowed pasting. Parent comment

Re:We'd lose our security certificate if we allowed pasting by dragonwriter on Tuesday May 06, 2014 @02:01PM (#7706070)
Yes, but "security" isn't "overall cost", its about risk. I am more secure, even if my expected cost is higher, if I don't directly bear any risk of unconsented loss even if the overall incidence of fraud is higher and I am paying a distributed share of those costs.
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Re:We'd lose our security certificate if we allowed pasting by Nursie on Tuesday May 06, 2014 @02:03PM (#7706087)
You always bear some risk of unconsented loss.

With EMV the risk of an incident is much lower.

The risk of not being able to recover the money may be higher.

You're more secure.

--edit-- I say may be higher because AFAICT there are no good figures on this.

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