Officials Begin Credit Card Data Theft Crackdown
from the will-it-matter? dept
Officials in the US and the UK are talking about a new operation designed to take down the major players involved with the online trade in pilfered credit card info. The US arrested seven people yesterday, apparently bringing the total to 21 in the last three months. It’s good to see some sort of response from the government, but does anyone think this will actually have even the slightest impact on the traffic of credit card info or on data breaches involving credit card info? By all means, the feds should be going after the criminals, but the real solution to this problem isn’t in punishing the thugs involved, but coming up with a better system to protect people’s financial info. That means that simply having a collection of numbers stored in some database shouldn’t be enough to do any damage.