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Thoughts & Opinions

Convenience – Security = Fraud

I have been using my card lately and I realised any purchases under $35.00 there will be no more signature or pin required. I suddenly felt unsecured, uncomfortable and shocked by this new practise which no doubt will become more common these coming few days. 

When I asked the cashier why? She told me ‘It’s faster and more convenient’ and I quickly add ‘What about security’? ‘If you lose your card you should report it immediately’ she confidently answered. I stopped right there and didn’t pursue anymore questions as to not hold back the queue. 

How many of us check our wallet or cards once we have arrived home? Do any of us check our accounts everyday? I certainly don’t! 

Basically with this new procedure anyone can borrow anyone’s card and as long as the purchases are under $35.00 there will be no security check whatsoever. 

We all want a faster service and anything would save us time we are happily to oblige. Some changes are good, some changes are not. Some changes work and there are those who don’t and sometimes a change can harm us further rather than keep us safe or secured. 

We have become obsessed with ‘saving time’. All we need is a few dollars and pop out our coffee or chips. We don’t just have express line but self-serve check out have arrived (hence Coles or Woolworths). Just dial a few numbers and dinner comes. ‘Make it short and sweet’ one slogan says. Drive thrus is becoming more apparent and let’s not forget we can now check in 24 hours before our flight. WOW…..how things have changed! 

Should we compromise time over our safety and security? I think not! Our first and foremost concern should always be the safety and security of our personal details in this rapidly growing business of digital age. 

I never have thought this kind of technology would occur but I learnt to embrace and adapt to its change. I don’t mind this sudden change and I admit it’s more time efficient but as far as I’m concern it is the worst and most obvious security breach ever invented. 

Imagine losing your card or forgetting it somewhere and someone have found it and went bananas with your card. Just imagine all the purchases for under $35.00 and in less than one hour let’s face it – a lot can happen. That’s not all; do you think for $7.95 your card company would get a court order to release the video from where the transaction occurred so they can find out who the theft was? I very much doubt it. It would cost the company more money and it’s better for them to give you refund and write off the amount. 

Is our personal details safe these days regardless what invention come into existence? How can I know no one’s watching or following me? What assurance do I have that the employee of my bank doesn’t access my personal details for their personal use? Who wins and who lose in digital revolution? 

We risk everything and I mean everything! But that’s how everything goes if we don’t take the risk we won’t live, enjoy life or make the most of everything. Whether it be online, in person or abroad somehow we must, because until we make that risk we won’t know whether it’s safe or not and if your like me I’m sure you won’t want to live your life with many ‘ifs’ or ‘buts’. So whatever the change somehow someday we must learn to embrace it, adapt to it and eventually let it become of our daily routine.   

As I close my blog – claims and fraud would increase and only the financial institution would suffer in the end.  

Thank you,

Milan of Sydney

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About Milan of Sydney

Just another blogger having a crack at this and see where it leads me..... I believe if you're good at something never be afraid to express it regardless of what people may say or think of you. Achieving what we want in life comes with a price and sacrifices doesn't come easily! When I write I feel someone listens and hears me. A conversation with myself, where thoughts, feelings and ideas and opinions are express. My inspirations are the people crosses path with, places I’ve been, writings I’ve read and most importantly from my own life experiences, obstacles and ups and down. So follow my blog, leave comments or suggestions because life is a lesson not just a journey. Thank you. Milan of Sydney

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