Monday, July 13, 2009
Credit Card Security Still Needs Improvement by Banks
The security of credit card transactions is still not as good as it should be. A recent news article (June 14, 2009) by The Washington Post entitled "Weak security enables credit card hacks" says " . . . that banks and other companies that handle your information are not being nearly as cautious as they could". It is on the credit card industry to design security rules to protect consumers but there is no standard and they are not that stringent. A good article worth reading.