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Even if your credit card details were swiped in a successful hack, and who’s hasn’t been, the hacked details will be outdated.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.
As I adjust to life in Louisiana, I have seen and heard almost constant reminders of the flooding that ravaged the Baton Rouge area last summer. Believe it or not, there are still homes with damage, and in the process of being renovated. I’ve heard a few stories from my new coworkers about the flood,…
With the grain of salt that this is written by a company that makes a forensic email collection tool, I think reasons 2-6 in the linked list are very real issues for any eDiscovery collection, and why I would not rush into collecting any web-based email account. “On the surface, this looks reasonable—Outlook connects to…
This is something I have noticed a few of my connections doing with Instagram stories, and something I’m trying to do more of as well. Right now, my Instagram story doesn’t get the audience Facebook or Twitter does, but I agree, the story is a very powerful feature. But with stories, everything is there, in…
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These numbers are startling – A Johns Hopkins University study of more than 100 professions revealed that lawyers are 3.6 times as likely to be depressed as people with other jobs, while the landmark 2016 American Bar Association (ABA) and Hazelden Betty Ford Foundation study determined that 28% of licensed, employed lawyers suffer depression. The…
It’s definitely going to continue too. “This is unprecedented in terms of the sheer amount of data being collected,” says Nicole Black, a lawyer and legal technology expert at MyCase, a software management startup for law firms. All connected devices have the potential to be mined for their data. In court cases, the information can…
