Your Credit Card Data Is Probably at Risk

Jun 28, 2011

Your Credit Card Data Is Probably at Risk


TIME - Even worse, evidence suggests that while cyber-thieves are getting bolder and more technologically savvy, major card-issuing banks are failing to keep up. That sobering conclusion was reached in a new study conducted by Javelin Strategy & Research. Javelin looked at the online security practices of the 23 biggest credit card issuers and graded them on a 100-point scale. The average result was only 59. “The good news is issuers are dong a better job overall of resolution, but that’s the easiest thing to do. Prevention is the hardest to do but it’s got the biggest payback,” says Phil Blank, head security and risk analyst at Javelin and author of the study.

 

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