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Dec 4, 2006, 05:38 AM
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DriverHeaven Extreme Member
Join Date: Apr 2004
Posts: 7,275
Rep Power: 89   |
Schumer warns on no-swipe credit cards
Source: Yahoo! News
________ No-swipe credit cards that use radio waves to relay their data put consumers at increased risk of identity theft, Sen. Charles Schumer said Sunday. "These cards may be convenient, but they're a double-edged sword," said Schumer, D-N.Y. |
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Dec 4, 2006, 01:15 PM
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alpha male
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I saw on TV a while ago that magnetic strip technology on bank/credit cards is ancient and quite insecure. The banks could easily update to a better technology but of course don't want the expense. I can't remember what the better tech was though, I don't think it was the radio waves discussed here.
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Dec 4, 2006, 01:31 PM
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HH's Asteroids' Dominator
Join Date: Nov 2004
Location: Hellas->Macedonia->Thessaloniki
Posts: 13,478
Rep Power: 349 
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Cash?
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  The people who are regarded as moral luminaries are those who forego ordinary pleasures themselves and find compensation in interfering with the pleasures of others(Bertrand Russell)"You go into Afghanistan, you got guys who slap women around for five years because they didn't wear a veil,You know, guys like that ain't got no manhood left anyway. So it's a hell of a lot of fun to shoot them." - Lt. Gen. James N. Mattis This is slavery, not to speak one's thought. [Euripides-The Phoenician Women (c.411-409 B.C.)] http://www.macedonia.info/FALLACIESANDFACTS.htm Sic semper tyrannis. |
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