Chip and SPIN is a web site examining the technology behind the “Chip and PIN” initiative. It is maintained by Mike Bond, a research associate working in the security group at the University of Cambridge.

It makes for very interesting reading, particularly the disadvantages of C&P for the customer since default liability in a disputed C&P transaction is on the customer. The banks proclaim that the system is flawless and in doing so have shifted the burden of proof in favour of them 👿