Jul 7, 2015
Toss Your Credit Cards and Other Security Musings – By: Sherri Hammons – CIO, IQ Navigator
Posted by Seb in categories: privacy, security
“Let’s post our credit card numbers and even those pesky CSV codes on the back. (Better yet, let’s just do away with credit cards altogether because, at the end of that day, it’s just a bank taking on the risk that you’ll pay back a loan.) Let’s post our social security numbers and our driver’s licenses. Let’s post everything. Overnight, the incentives to steal your data are wiped off the face of the earth. The dark databases are worth zero.”
Last year, my personal credit cards and banks were breached five times. Last week, another personal breach. Each time, I was informed by email and snail mail, a new credit card or bank account was issued, and I bought more monitoring for my credit or, in the case of one of the breaches, the company that was breached bought additional monitoring. About the fourth time, I started wondering why our industry doesn’t do something else. The traditional IT security model is dead, but we just keep propping up the body. Hope has become our strategy in the cyber security war. Read more