Naming the retailers responsible for the breach is absolutely essential, as far as I'm concerned.
I certainly would profit from knowing...
They are already here. Around here if you want to cash a check at the bank it is drawn from and you don't already have an account then you must place your thumbprint right on the check you seek to cash.
I support technology that stiffens actual identification of individuals. I know alot of folks cry wolf about privacy but I argue that bio's help keep your privacy private.....and this article is a good example of how it can help do that.
The company denied that any of its internal systems had been compromised and said that a review of its gas payment systems by its own staff and an outside party revealed no breach.
"If any compromise occurred, it appears to have been limited to the Sam's Club fuel station point-of-sale system" and did not involve PIN-based transactions, the statement said.
It didn't happen but if it did happen, this is where........
Amazing, PIN number stored w/ every transaction. What a feeding frenzy for crooks ... just given to them on a silver platter too!
What do financial institution always say, "TRUST US"!
Later he told me that a key person was caught with all kinds of fake identification cards (Drivers licenses, fake social security cards, etc.). It turned out that the woman was a former prostitute working at the bank under a false name. She had become very computer savvy. Also found in her possession at the time was confidential data on thousands of wealthy bank customers. And this was way back in 1994!
These stories the mainstream media report about some guy had his lap top stolen with thousands of file is most likely bogus reporting. The cops take a theft report, do not even dust the car for prints and drive off to their next call. What really happened is a total mystery.
The mob is very active on the west coast. The best solution is to cut up all your credit cards. Keep one fully paid off card somewhere very safe. Use it for vacations. Open up a debit account with a small balance to use for 'credit purchases.' Master Card, Visa, and yada yada are not trustworthy.
Wonder how many digits we'll be losing to gang members?
Debt transactions have no benefit to consumers. I prefer credit transactions for these reasons:
1) You don't need a PIN so it goes faster.
2) The cost of the transaction (to the consumer) is unchanged.
3) The credit card company floats the funds so you pay later rather than sooner.
4) If fraud occurs, the credit card company loses money vs. money being withdrawn from your account (and requiring you to correct the problem)
You know what that means, don't you? If that is adopted nationwide there will be a lot of people losing their thumbs. Muggers will no longer demand a wallet but instead will say put out your hands. I will be gruesome.