Bankers: How You Beat the Target Breach

I’ve heard several methods that could potentially beat the criminals that cracked Target’s security and stole as many as 40 million bank customer’s information.

This is the best idea I’ve seen:

The system would give issuers the chance to separate out card present and card not present (online) transactions and give a heads up to any bank whose at-the-counter PAN was used to make a digital purchase — or vice versa.

No need for EMV. No added layer of security. Just different information on the mag stripe than at the front of the card.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s