Thursday, May 17, 2007

Online or Offline?

And another hot story on the issue of ID and credit card information security...If online credit card operations lack decent protection, then what can be said about using your Visa or MasterCard for offline purchases?

I guess, you've already heard about the numerous security breaches at retailers and restaurants. And the breaches were caused by the staff themselves! They used special devices for scanning your card's information and were paid $30 for each plastic. They handed over the cards to fraudsters who used the information for making counterfeit credit cards! No wonder then, that you find charges in your credit card statement for purchases that you did not make at places that you never go...

So, who would you trust your credit card now - a human being or a machine?

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