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In the days prior to Thanksgiving 2013, someone installed malware in Target's security and payments system designed to steal every credit card used at the company's 1,797 U.S. stores. At the ...
October: American Express introduces the "Blue" smart card, the industry's first chip-based credit card in the US. November 17: A hacker interviewed by Hilly Rose during the radio show Coast to Coast AM (then hosted by Art Bell) exposes a plot by al-Qaeda to derail Amtrak trains.
The Chip Authentication Program (CAP) is a MasterCard initiative and technical specification for using EMV banking smartcards for authenticating users and transactions in online and telephone banking. It was also adopted by Visa as Dynamic Passcode Authentication (DPA). [1] The CAP specification defines a handheld device ( CAP reader) with a ...
A smart card ( SC ), chip card, or integrated circuit card ( ICC or IC card ), is a card used to control access to a resource. It is typically a plastic credit card-sized card with an embedded integrated circuit (IC) chip. [1] Many smart cards include a pattern of metal contacts to electrically connect to the internal chip.
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Prolonged exposure to magnets can affect the functionality of your credit card. Cards with magnetic strips can also become demagnetized due to dirt, scratches and other damage. EMV chip technology ...
A card security code ( CSC; also known as CVC, CVV, or several other names) is a series of numbers that, in addition to the bank card number, is printed (but embossed) on a credit or debit card. The CSC is used as a security feature for card not present transactions, where a personal identification number (PIN) cannot be manually entered by the ...
AFP/Getty Images/Frederic J. Brown Over the past decade or so, waves of computer-aided identity theft have washed over the U.S. Since the first big hack attack on ChoicePoint in 2005, through more ...