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September 30, 2015 10:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/05NQQXej4E0/will-chip-and-pin-credit-card-technology-really-increase-security-video
Will 'Chip and Pin' Credit Card Technology Really Increase Security? (Video)
The answer seems to be: sort of, a little, but not a whole lot, according to Jerry Irvine, who is a member of the U.S. Chamber of Commerce Cybersecurity Leadership Council and CIO of Chicago-based Prescient Solutions. More security theater? It sounds that way when Jerry starts reeling of the kinds of attacks the new cards will do nothing to prevent. Even so, October 1 is the date after which merchants are supposed to be liable for fraudulent purchases made with old-style cards, and are supposed to have point of sale terminals that accept "chip and PIN" cards.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/05NQQXej4E0/will-chip-and-pin-credit-card-technology-really-increase-security-video
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