4 ms·
PCI compliance is actually there because the card industry uses 1970 style security. Fact is the ATM cryptos was broken in the 1990s and it is more expensive to
by acd 13y ago
PCI compliance is actually there because the card industry uses 1970 style security. Fact is the ATM cryptos was broken in the 1990s and it is more expensive to change all the card terminals than compensate the customers for fraud.
Most broken is the fact that US credit cards still uses magnetic stripe when everyone else have converted to using smart card chips. Why the is there visible PAN numbers on the cards and magnetic stripes this is year 2013.
Fact card companies uses broken security mechanisms on the cards. Then everybody else have to comply with PCI because their broken security.
- thesis 13y agoWhat's the alternative to not having a readable number on the card when I want to purchase something online?
- drbawb 13y agoYour bank could issue "virtual credit cards" [or debit cards] that provide you with the cleartext card number and verification code. Some banks already provide this service.[0] The other alternative would be to buy a compatible smart-card reader. [0]: https://www.bankofamerica.com/privacy/accounts-cards/shopsafe.go https://www.bankofamerica.com/privacy/accounts-cards/shopsaf...
- deleted 13y ago[deleted]