Tuesday, March 18, 2008

Credit Cards - still retarded

Here we go again... yet another company has data copied, and we're supposed to worry about it:

http://online.wsj.com/article/SB120578480456942847.html?mod=googlenews_wsj


Why should this matter? If the credit card companies operated like adults, this wouldn't be an issue, because the purchases would have generated cryptographic one time use receipts all around, and would be completely worthless for anything at any other store.

There is no reason on G-d's green earth that knowning a 16 digit number, name and zip code should allow someone to rip me off. It should be much harder than that... the technology has been around for years... yet we still allow this shit to pass for acceptable. WTF?

No comments: