Re:An identity thief stole $5k from me. I spent two years tr...
by stuffinmyhand on Tuesday May 21, 2024 @03:20AM
(#40425153)
This is the real problem though. It's literally the money form of "password on paper" if you have such a card. Not that I have experience, but I'd assume the largest part of scams comes down to this, easily stolen and used credit card info. Like it's still 2014.
Banks are notorious for adopting new technology at a glacial pace, often only when forced to do so.
Witness the adoption of chip and pin in the U.S. oh wait, we still haven’t properly adopted it and a stolen card can just be tapped on the terminal of most retailers in 2024 with no additional authentication.