High-tech answers to ID theft

Tuesday, 11 January 2005, 12:05 PM EST

Plastic and plastic-based transactions are incredibly vulnerable to fraud. Your cards can be stolen, or the information off the magnetic stripe can be duplicated without your knowledge. All a thief often needs to make a purchase over the phone or Internet are your account numbers and expiration date, information thatís often printed right on your receipt by clueless merchants.

Those realities are leading some retailers and banks to look for payment methods that are a lot more secure. A few experts predict plastic itself will someday be as obsolete as pieces of eight, replaced by everything from radio-frequency chips in cell phones to fingerprint scans.

By Liz Pulliam Weston at MSN Money.

[ Read more ]




Spotlight

New Zeus variant targets users of 150 banks

Posted on 19 December 2014.  |  A new variant of the infamous Zeus banking and information-stealing Trojan has been created to target the users of over 150 different banks and 20 payment systems in 15 countries, including the UK, the US, Russia, Spain and Japan.


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