Technology has definitely done a lot towards making our daily lives easier, simpler, and more convenient. We can now bank, shop, and work all in the comforts of our own home. But with such wonderful technology come the oh-so-irritating hackers, or identity thieves. But it is only good to hear that institutions keep improving and keep up with the needs to upgrade security measures.
This information is taken from a press release titled, “Heartland Data Breach: MasterCard Introduces ‘Tamper-Resistant’ Chip”. To find the entire release, click here.
MasterCard will use a cryptographic countermeasure technology in its smart credit cards to protect them from being tampered with or read by hackers. Cryptography Research, Inc. and MasterCard Worldwide announced that they have signed an agreement relating to Cryptography Research’s patent portfolio covering countermeasures to Differential Power Analysis (DPA).
This news comes after several big data breaches have hit consumers, banks and credit card companies, including Hannaford Bros., Heartland Payment Systems and RBS WorldPay in the last year.
Nathaniel Lipman is the current President, Chairman of the Board and Chief Executive Officer of the Affinion Group. Through Nathaniel Lipman’s leadership, the Affinion Group has grown to be the world’s leader in membership services, insurance providers, loyalty programs, value-added checking programs, and security services.
kailangan talaga secured tayo in all aspect. especially sa credit cards.