Pop quiz: Can you rattle off the number of your favorite credit card? Extra credit: What about the customer identification number on the back of the same card? That second three- or four-digit code has been known to trip up even the greatest credit card connoisseurs on occasion, but that’s sort of the point, as it’s a main line of defense in fraud prevention. To make things even trickier, French company Oberthur Technologies, a leading provider of embedded digital security products, has developed a new type of credit card where the answer to the dreaded “And what’s the security code on the back of your card?” question will change every hour.
As a matter of fact, I book enough travel online that I have not only my credit card details memorized, but also my passport information. But, this technology seems like a simple way to protect against fraud.
Even if your credit card details were swiped in a successful hack, and who’s hasn’t been, the hacked details will be outdated. That’s not a bad way to lessen the damage from these sort of intrusions.
On the other hand, as the article points out, it would also require you to carry your credit card with you instead of using a digital wallet, or Apple Pay type of solution too, so we’ll see how far it goes.
“Of course, this entire problem stems from Apple’s original decision to use solid-state storage soldered directly onto the logic board, rather than the removable modules that were found in MacBook Pros for a decade. Complaining about Apple’s decision to move away from user-replaceable parts is, of course, not a new thing, but this is a…
Travel delays ahead: FAA furloughs begin soon tags: travel MM New Federal E-Discovery Rules Move a Step Closer to Fruition tags: LitSupport MM Are We on the Cusp of Major Changes to E-Discovery Rules? tags: LitSupport MM Flight Search Engines And The Multi-City Ripoff tags: MM travel 20 eDiscovery Blogs for Legal Professionals to Follow…
I’m barely a Snapchat user, but this comment reminds me of what Instagram recently did as well. Nothing really makes sense in the main app now, it’s only in Stories that the timeline makes any sense at all. “Because I am not a teen and have not been for several years, Snapchat’s interface has always…
I think these are pretty common sense rules about livestreaming, or any internet use for kids, honestly. I’ve seen some kids do really cool things with Youtube channels, or just using the various platforms to interact with other kids. I’ve also seen horror story after horror story of what happens when kids don’t understand the…
Interesting reading while I’m home sick. Just can’t seem to shake this cold. (Besides I got extra sick days, I hate to carry them over. *L*) Dave Winer’s Scripting News Awards Nominees Today’s Lockergnome , check out the SoapBox article, it’s very interesting. I’m not sure I agree 100% with it, but I think it’s…
Smart enough to get in, not smart enough to cover their tracks when getting paid. That doesn’t seem so smart. Which goes to show, that security around Twitter could have been a lot better, and people who work there maybe should have been a little less careless. That doesn’t bode well for the rest of us when even a big tech company can’t get this right. How many of us have people on staff who might fall for this kind of phone-based attack?
What should we think of the complicated, super-smart hackers who also manage to be so easily identifiable? Should we accept that the hardest thing about any conspiracy, and this goes for all the conspiracy theories out there, is making sure one person doesn’t do something stupid and give it all away? That. actually, is nearly impossible, and is the one thing that makes most theories unbelievable to me. This hack proves to be a perfect example.
