pin number: Chip and PIN, will It save Us - 12/16/14 08:45 PM
Many Americans, says a recent survey by Gallup, worry about a data breach connected to the use of their credit cards. Interestingly, many people use a credit card for everything under the sun: even just a soda and bag of chips from the convenience mart. The more you use a credit card, the more likely it will be compromised by cyber thieves.

The magnetic stripe technology for credit cards makes them so “hackable.” One way to help prevent credit card crimes is to implement a chip-and-PIN technology. It’s been touted as a sure way to keep crime at bay. But … (1 comments)

pin number: Chip and PIN vs. Chip and Signature Cards - 12/07/14 09:38 PM
The planet’s most powerful nation is sure backwards when it comes to the payment card industry: Why has America been using 1970s technology as of the posting date of this article? That magnetic strip on credit and debit cards has GOT to go already! And thank goodness, the transition to chip technology is more imminent than ever.

For those of you out of the loop, the stripe makes it ridiculously easy for cyber thieves to commit all sorts of crimes. (Remember Target?) The chip in most cases will trip them up on this.
Chip-and-PIN technology is better than chip-and-signature. However, … (1 comments)

pin number: Chip and PIN or Chip and Signature? - 04/01/14 11:07 PM
OK, there’s lots going on here. Read slowly and wrap your brain around this. So which offers more security? Chip-and-PIN or chip-and-signature for your card payments? Chip-and-PIN wins. This is due to two authentication forms: the card and the PIN, which is stored in your head (or should be, anyways, rather than on some small piece of paper crinkled inside your purse).

But chip-and-signature has its virtues for all involved. One reason is that most people don’t know their credit card PIN, something like 5-10 percent knowing it. If credit card payments were only via chip-and-PIN, consumers would memorize their … (2 comments)

 
Robert Siciliano, Realty Security and Identity Theft Expert Speaker (IDTheftSecurity.com Inc)

Robert Siciliano

Realty Security and Identity Theft Expert Speaker

Boston, MA

More about me…

IDTheftSecurity.com Inc

Address: PO Box 15145, Boston, MA, 02215

Office: (617) 329-1182



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