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> People need to be angry at the credit card industry for designing such an insecure system, not Target. He explicitly said the blame doesn't lie on Target. P
by Guvante 13y ago
> People need to be angry at the credit card industry for designing such an insecure system, not Target.
He explicitly said the blame doesn't lie on Target.
Payments systems are a chicken and egg problem, however you would think the entity that feels the most pain from credit card fraud would try harder to replace the broken system.
- rqebmm 13y agoExactly! Except the entity that feels the most pain isn't the credit card companies or the banks. It's typically the retailer or the payment portal.
- Guvante 13y agoThat was actually my point. I am surprised retailers aren't making more of a stink about how insecure payment processing is given they are on the line for fraud 9 times out of 10.