On TechRepublic: Linux desktops have tanked: Get over it
BNET Business Network:
BNET
TechRepublic
ZDNet
TalkBack 33 of 34:
Next »
« Previous
Good article.
But, while it is true that VISA is taking extraordinary measures, as you indicated in the article, their measures are dealing with constituents. These constituents are the card service providers, such as Chase, Citi, First Data and the like. These requirements don't fall down to the merchant level. That is the front door. The situation is now such that all the security that VISA puts in is only as good as the merchant accepting the cards. IF the merchants don't use the newer security features (it does cost them a little more in development of web pages for example) then the end result will be the same, EXCEPT for the loss of data from the processor to VISA and within VISA itself.

The best way to ensure the most secure credit card transaction is to always use the full suite of services offered by VISA, but until it is cost effective for the merchants, it will only be used by the higher volume merchants who can absorb the cost. Until then, the local convenience store, and home grown web operation will still be the focus of a lot of fraud.
Posted by: htotten   Posted on: 12/10/04 You are currently: a Guest | Members login | Terms of Use
Reply to Story Reply to Message

Alert moderator to an offensive message

Subscribe to this discussion via Email or RSS

Government and sensible "does not compute"  alterego_z | 12/10/04
Talk Back Is Useless  nikoli | 12/10/04
And at Zdnet,  FilledOut | 12/10/04
A "decent article" wouldn't "condemn" anybody.  Judas I. | 12/10/04
It looks like you have no idea ...  Vily Clay | 12/10/04
It looks like you have no idea ...  htotten | 12/10/04
htotten, you "love" US merchants as G.W. Bush ...  Vily Clay | 12/10/04
As I said before:  htotten | 12/12/04
A few banks? How about JP Morgan with satellite banks, Hobart, etc.?  Vily Clay | 12/12/04
You answered for me....  htotten | 12/12/04
But you, htotten, understood nothing. No surprise.  Vily Clay | 12/12/04
It's visa and mastercard who are supposed to ensure traders are valid  hipparchus2000 | 12/12/04
They do.  htotten | 12/12/04
only traders can take money from a persons card  hipparchus2000 | 12/12/04
How?  htotten | 12/12/04
htotten, are you a member of the Bush administration?  Vily Clay | 12/12/04
Unfortunately Banks get robbed too !!!  realitycheck101 | 12/10/04
But how do your really feel?  No_Ax_to_Grind | 12/10/04
Hehe  NonZealot | 12/10/04
Gee...  htotten | 12/10/04
was the sco website hacking ever proved?  hipparchus2000 | 12/12/04
I have never said  htotten | 12/12/04
generally it is accepted that monopolies hold markets back  hipparchus2000 | 12/12/04
So what you are saying is that  htotten | 12/12/04
Oh, and I forgot  htotten | 12/12/04
geez what a lot of technical errors  hipparchus2000 | 12/14/04
The best protection you can have from the government ...  Vily Clay | 12/10/04
Nice article Jon  Roger Ramjet | 12/10/04
Finally, a sensible security scheme ...  michael-t | 12/10/04
You dont have to do Windows  AdeOghert | 12/10/04
arggh not this again  hipparchus2000 | 12/12/04
No OS is infallible  wresnick | 12/14/04
Good article.  htotten | 12/10/04
Very interesting  douglen@... | 12/24/04

What do you think?

SponsoredWhite Papers, Webcasts, and Downloads

SmartPlanet

Click Here