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Here's a link to USA Today. http://www.usatoday.com/story/money/business/2014/05/05/target-ceo-steps-down/8713847/ http://www.usatoday.com/story/money/business/

Here's a link to USA Today. http://www.usatoday.com/story/money/business/2014/05/05/target-ceo-steps-down/8713847/ http://www.usatoday.com/story/money/business/2014/05/05/targ...

kevando 12y ago
Why do people often link to wsj? I always thought that kinda strange.
- endersshadow 12y ago
  Because that's where they read it?
  - chaostheory 12y ago
    Yes, but you'd think they'd have enough awareness that most people on HN don't have paid subscriptions to WSJ which defeats the whole point of posting something to share information.
    - saraid216 12y ago
      On the other hand, the submitter gets to signal "I read the WSJ and pay for a subscription!" to HN.
      - chaostheory 12y ago
        That's not very useful for anyone else on HN is it? It's gotten to the point where I'm tempted to petition that sites with pay walls just get banned.
jessaustin 12y ago
Thanks for the link! In the months since [the hack was found], Target adopted a faster timeline for switching to more secure chip-based credit and debit cards, and the payment terminals that accept them. As part of the $100 million effort, Target announced last week that it all of its store-branded cards would be reissued as MasterCard chip-and-pin cards in 2015. This will only help customers who have such cards, which is... visitors from Europe? Anyone else? A more valuable feature for the new terminals would be code signing for firmware updates.
- craigching 12y ago
  Maybe it will drive credit card companies to start implementing chips. One can dream ... Travelling to Europe without such cards is extremely painful.
- brightghost 12y ago
  Target has their own line of credit and debit cards which they push aggressively in-store, I assume these plans pertain to those.
  - raverbashing 12y ago
    Correct, it's written in the quoted passage "all of its store-branded cards would be reissued as MasterCard chip-and-pin cards"
- jrochkind1 12y ago
  My recent citibank card replacement had a chip in it. There was no advertising of this fact, but I noticed the chip, it's visible, as they generally are. This led me to try googling to figure out what was going on... I'm still a bit confused. It looks like most major US banks are going to be issuing cards with chips in 2014-2015... but oddly, for the person familiar with these from Europe, I'm not sure there are any plans to actually start using PIN's. They are going to continue with signature-based authentication... but maybe the PoS devices are going to be doing something with the chip, even though not requiring a PIN? Got me, I'm still confused.
- chollida1 12y ago
  Pretty much everyone in Canada has the chip and pin system now. I had a chip and pin card in 2007 and alot of merchants have had card readers capable of using them since mid 2005.
deleted 12y ago
[deleted]

Here's a link to USA Today. http://www.usatoday.com/story/money/business/2014/05/05/target-ceo-steps-down/8713847/ http://www.usatoday.com/story/money/business/2014/05/05/targ...

kevando 12y ago

Why do people often link to wsj? I always thought that kinda strange.

endersshadow 12y ago
Because that's where they read it?
- chaostheory 12y ago
  Yes, but you'd think they'd have enough awareness that most people on HN don't have paid subscriptions to WSJ which defeats the whole point of posting something to share information.
  - saraid216 12y ago
    On the other hand, the submitter gets to signal "I read the WSJ and pay for a subscription!" to HN.
    - chaostheory 12y ago
      That's not very useful for anyone else on HN is it? It's gotten to the point where I'm tempted to petition that sites with pay walls just get banned.

jessaustin 12y ago

Thanks for the link! In the months since [the hack was found], Target adopted a faster timeline for switching to more secure chip-based credit and debit cards, and the payment terminals that accept them. As part of the $100 million effort, Target announced last week that it all of its store-branded cards would be reissued as MasterCard chip-and-pin cards in 2015. This will only help customers who have such cards, which is... visitors from Europe? Anyone else? A more valuable feature for the new terminals would be code signing for firmware updates.

craigching 12y ago
Maybe it will drive credit card companies to start implementing chips. One can dream ... Travelling to Europe without such cards is extremely painful.
brightghost 12y ago
Target has their own line of credit and debit cards which they push aggressively in-store, I assume these plans pertain to those.
- raverbashing 12y ago
  Correct, it's written in the quoted passage "all of its store-branded cards would be reissued as MasterCard chip-and-pin cards"
jrochkind1 12y ago
My recent citibank card replacement had a chip in it. There was no advertising of this fact, but I noticed the chip, it's visible, as they generally are. This led me to try googling to figure out what was going on... I'm still a bit confused. It looks like most major US banks are going to be issuing cards with chips in 2014-2015... but oddly, for the person familiar with these from Europe, I'm not sure there are any plans to actually start using PIN's. They are going to continue with signature-based authentication... but maybe the PoS devices are going to be doing something with the chip, even though not requiring a PIN? Got me, I'm still confused.
chollida1 12y ago
Pretty much everyone in Canada has the chip and pin system now. I had a chip and pin card in 2007 and alot of merchants have had card readers capable of using them since mid 2005.

deleted 12y ago

[deleted]