Shop on Black Friday, have your credit card info stolen

Started by TehBorken, Nov 28 14 09:42

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TehBorken

This holiday shopping season, kicking off with post-Thanksgiving deals, millions of Americans will almost certainly have their credit or debit card information stolen by overseas hackers.

Just like last year.

     Twelve months after data from 40 million cards were stolen from Target, beginning a year of escalating hacks of retailers' payment card systems, not much has changed beyond awareness.

The absence of federal action reflects the difficulty of improving cybersecurity. Lawmakers on both sides of the aisle agree on the goal of improving the security of the nation's networks, but disputes over even small details can sidetrack progress. Congressional action has been bogged down in side fights, and industry-led changes have been slow and narrow. Executive action, and power, on the issue is limited, and most administration efforts have been designed to encourage retailers to take extra precautions against theft, rather than apply new regulations.

...

"We called [2013] the year of the data breach. Then we had 2014," said Atlantic Council expert Jay Healey, a former White House and financial sector official. "Now 2014 is ... the year of the data breach. We're not seeing any diminishing of the numbers of stories, so certainly you can imagine that 2015 will also be year of the data breach."

http://www.politico.com/story/2014/11/black-friday-cybercrime-113192.html?hp=t2_r
The real trouble with reality is that there's no background music.

Gopher

Seems more like turgid Tuesday today.  Have we now reached the stage where every day of the year will be given a commercial name?
A fool's paradise is better than none.

TehBorken

Quote from: Gopher on Dec 09 14 08:29
Seems more like turgid Tuesday today.  Have we now reached the stage where every day of the year will be given a commercial name?

Yep, from now on it's:

Terrific Tuesday!
Wallet-Wasting Wednesday!
Thrilling-Deal Thursday!
Fantastic Fiscal Savings Friday!
Super-Spender Saturday!
Suck-Yer-Wallet-Dry Sunday!

There will be NO days without amazing consumer deals, Citizen, so get in line and support Freedom by buying stuff you don't need with money you don't have to impress people you don't like.

You say you don't want to buy stuff or you don't have enough money? Well I say, WHY DO YOU HATE AMERICA?
The real trouble with reality is that there's no background music.

Gopher

Excellent post and all too true. Wallet-wasting Wednesday here and I've not yet started to celebrate it - must rush to the shops NOW..
A fool's paradise is better than none.