* Posts by Leftarm

1 publicly visible post • joined 26 Mar 2014

Banks lob sueball at Trustwave, Target over breach

Leftarm

PCI is a bandaid for the real problem

I think we should fix the root cause which is the credit card system itself it needs to be replaced with some other system. We need a more secure credit system.

Example. An app on your phone that you have to login to that connects to your bank that you have to use to approve the use of your credit card before you use it. If you dont approve it before hand then it is declined. That way if they get your credit card information they cant use it. Some form of two factor authentification for credit cards.

The banks should eat this as a lesson that they need to replace this system.