Published: Monday, June 2 2014 12:00 a.m. MDT
In your opinion: Why not just support RFID chip implants, With
the coded number of the "Beast" on it, So your information will
remain 100% secure and never lost or stolen, And while we are at it,
Allows "the Beast" to determine who can buy and who can sell...
LDS Liberal,Too funny.
There is no reason why we can't have a system that easily generates
transaction codes that cannot be re-used. We need a system where you can
generate a unique identifier that is only good for the transaction being
processed. That way, you don't care who steals it, since it can't be
used to buy stuff somewhere else.Things like SS# and credit card
numbers should not be items that can be misused if they fall into the wrong
hands. Since data breaches happen all the time, we have to assume that someone
will get that information. If the information is worthless to whoever steals it,
then they wouldn't try so hard to get it.Imagine if someone
could wreck your credit rating if all they knew was your full name. We assume
that a person's full name is public information so just knowing a name will
not let you buy a car. The same should be true of other types of information.
Chip cards, which I have, are more convenient and faster when the system is in
place to use them.
The only reason we don't have chipped cards, like the rest of the western
democracies in the world is that our bankers don't want to spend the money
to convert our current systems and equipment to one compatible with chipped
cards.It's all about the money. Fraud and theft are cheaper to
banks than changing software and equipment. And this is the banking
system we bailed out in 2008, after the stinkers dug themselves a hole so big
they were about to go belly up. Now, banks and bankers are generating great
profit, we have all forgotten or forgiven them for their past misdeeds. They
got huge $ from the feds, and continue to make all the rules for themselves.Yup, good as chipped cards may be, it won't happen unless the fraud
gets too expensive, or the feds make 'em do it. It is all about the money.
the Target breach was not caused by the strip cards vs chip cards, it came AFTER
the data was transfered to the POS (Point of Sale) device from the card.if you want to make an argument, don't abse it on falsehoods that
chip cards would have prevented the breach.Why did you not post this
comment yesterday when I first made it? what part of your policy does it
violate? Did you not understand the Point of Sale acronym?
And to add to the security issue, how about ID cards, state or national, with
secure chips that would help deal with the illegal population and jobs.
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