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Bulletproof Credit Card Security

by Terrence O'Brien on May 2, 2007 at 03:03 PM

Bulletproof Credit Card Security
Long known for protecting online purchases and corporate intranets from the thieving keystrokes of hackers, VeriSign has announced plans to bring its brand of super security to credit and ATM cards.

VeriSign has partnered with Innovative Card Technologies to develop a special card embedded with an extra one-time-use password. By pressing a button on the back of the card, a tiny built-in display shows a randomly generated numeric passcode that instantly expires once the current transaction is complete.

This code would be required along with a customer's usual username and password, making physical access to the card necessary to compromise the account. Even if the hacker has somehow retrieved your username and password online, he must have the card in his slippery little hands to do any damage.

But, until this technology makes its way into your pocket, check out these resources on recognizing scams, safely shopping online and protecting your privacy online.

From USA Today and BetaNews

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Tags: account, credit card, CreditCard, hack, hacker, security, verisign

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