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Re: Credit card: I own one, I can hand it out. Most of the information necessary to use it (name, number, CSC) are available if you hold that card for a second.
by darklajid 10y ago
Re: Credit card: I own one, I can hand it out. Most of the information necessary to use it (name, number, CSC) are available if you hold that card for a second.
My (honest, I'm not trying to pull your leg or anything) question is:
I have a phone. I own it. You (payment provider) cannot control it and I might do stupid things.
I have a credit card. I own it. You (card issuer) cannot control it and I might do stupid things.
Where's the difference? How can CCs work, but Android Pay/Samsung WhateverWhyWouldIUseIt doesn't, given my current impressions above. Can you correct my errors?
- kodroid 10y agoIt's a lot harder to attack at scale when targeting credit cards than an attack that targets mobile devices.
- ac29 10y agoCredit cards don't have radios in them with 24/7 internet connections and software vulnerabilities. I think it is reasonable to assume, as mentioned elsewhere, that rooted devices are more prone to data-compromising attacks. And, due to security bugs, devices that are rooted may not have been rooted with the owners knowledge or permission.
- senectus1 10y agoits actually against the banks ToS to give your credit card to anyone else... even at the register. but everyone ignores that :-P
- notafurry 10y agoThe difference is, you don't actually own your CC. You have physical possession yes, you can manage various aspects of it yes, you can even turn it off if you desire - but you don't own it. The bank does. The bank controls the card far more thoroughly than you do, including rights to create, replace, remotely destroy, cancel transactions, etc. You have the physical card and you can use it, but all of the permissions you have are rights granted to you by the true owner of the card - the bank.