With hackers stealing millions of credit and debit card numbers with seeming impunity from Target, Home Depot, and other retailers lately, it might seem as if there’s nothing the average consumer can do to protect themselves.
Just fewer than half of Americans say that a retailer, bank or credit-card company has told them or a household member that their payment card details were stolen in a data breach, according to the latest Wall Street Journal/NBC News poll.
As U.S. banks and retailers are barreling toward a 2015 deadline to replace magnetic-stripe credit and debit cards with more secure cards that come embedded with a microchip, researchers have announced a critical flaw in the card system.
Thank you for visiting USSPI. The U.S. Strategic Perspective Institute is an independent, non-partisan, 501(c)3 non-profit, public policy think tank devoted to helping America solve some of its toughest operational problems including jobs, international competition, healthcare, the environment, government transparency, and cybersecurity.
Please join our mailing list. If you subscribe, you will be asked to confirm your subscription. You promise to contact you only when it is important. You will be able to unsubscribe at any time.
This form will only be shown once during this session. Thanks!