Escaped The Largest Credit Card Data Breach Ever? Well, Here's Another One...
from the just-assume-someone-else-has-your-cc-info dept
Remember last month when a credit card payment processor was forced to admit a security breach that could impact 100 million people? Well, if you were lucky enough not to get caught up in that breach, there's apparently another one to worry about. Visa and Mastercard are issuing a new warning over a different payment processor whose system was apparently compromised as well. At this rate, it's getting silly to have static credit card numbers, since it seems like we're replacing our cards every few months anyway.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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Filed Under: credit cards, data breach
Companies: mastercard, visa
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I think they do it on purpose
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Verified Addresses, Bio Identifiers
but at least our information will be "secure"
(waits for people to think I'm serious)
I really should start using virtual credit card numbers for websites, but even then it doesn't help the real cards I get having their information stolen.
hmmmm, what could be a good solution. How about a payment system for online purchases that generates a number for each individual merchant. If a charge comes through for a number that is specific to a merchant, but from somewhere else, then the bill goes to the merchant the "lost" the number. Then for an actual card, how about combine fingerprint and the card to make it work. might not be reasonable, but it is much more secure than a digital signiture.
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Re: Verified Addresses, Bio Identifiers
- Companies actually giving a shit ?
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Re: Verified Addresses, Bio Identifiers
Good luck with that.
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Re: Re: Verified Addresses, Bio Identifiers
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Identity Crisis
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Re: Identity Crisis
late night, sry
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Think of the children!
Honestly, I don't think we're far off from having mandatory RFID tags. They already put them in credit cards, passports, its not a far strech to think they will be added to state ID and drivers licenses.
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fear mongering?
Im not sure this hysteria is really all that productive. Especially when the credit card companies themselves absorb the vast majority of fraud people actually do encounter (which I suspect is much much much lower then many in the media - and security business- would have us think).
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Re: fear mongering?
It's quite a racket! I was impressed. Sickened...but impressed...and it's legal. Go figure.
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Pin Me
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A benefit to disposable numbers
Something like chip-and-pin in the UK would be a step forward, but apparently that system sadly wasn't designed to be as resistent to direct hardware tampering as it could/should have been. It would be so nice for a change to see a mass-market security system rolled out where white-hats were given a chance to find obvious weaknesses before millions of people were using the thing.
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Credit Cards
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