Re: Stored hashes - they can be stored encrypted while the company can still retain the ability to decrypt them. This is how you store credit card numbers.
They may have generated a new PIN and it just happened to be his old one? Could be.
Do they send it registered mail? What would happen if someoene did get to your mail before you - could they use the card? what would the bank do when informed of it?
Whwther or not it's bad for you, the consumer, depends on all these things.
Comments
Re: Stored hashes - they can be stored encrypted while the company can still retain the ability to decrypt them. This is how you store credit card numbers.
They may have generated a new PIN and it just happened to be his old one? Could be.
Do they send it registered mail? What would happen if someoene did get to your mail before you - could they use the card? what would the bank do when informed of it?
Whwther or not it's bad for you, the consumer, depends on all these things.