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Tuesday, June 16, 2009

AP IMPACT: Weak security enables credit card hacks

With the financial crisis looming on this is becoming more and more of a problem:

AP IMPACT: Weak security enables credit card hacks
-- Every time you swipe your credit card and wait for the transaction to be approved, sensitive data including your name and account number are ferried from store to bank through computer networks, each step a potential opening for hackers.
And while you may take steps to protect yourself against identity theft, an Associated Press investigation has found the banks and other companies that handle your information are not being nearly as cautious as they could.

To read more in great detail go to:

http://www.washingtonpost.com/wp-dyn/content/article/2009/06/14/AR2009061401320.html

George Freire

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