If the credit card companies can’t keep our data safe, then who can we trust? Next the Government and Insurance, these bastids are right up there on the financial food chain, but unfortunately they aren’t immune to security breaches either.

The credit card giant said its security division detected multiple instances of fraud that tracked back to CardSystems Solutions of Tucson, which processes transactions for banks and merchants.

At the end of the article the typical Government intervention battle cry is rang out by Senator Charles Schumer, D-N.Y: “… reminding us how important it is to pass a comprehensive identity theft prevention bill in Congress quickly.”

I doubt a bill is going to do anything to impede this type of fraud. What we need it hunt down these cyber criminals and start locking them away for life without any possibility for parole. And while these criminals are locked up they should be recruited to use their talents for good purposes helping the feds catch more of the bad guys. Zero tolerance for identity theft criminals.

I’m also for some sort of biometric security with plastic. Retina scan, fingerprint, etc. Computers should ship with biometrics included. Keyboards could inexpensively be outfitted with card swipers or biometric devices. There’s lots more that can be done from a technology standpoint to make it more difficult for this type of fraud.

But no more bills or congressional actions, please. Does anybody really believe, politicians aside, that these bills are any significant type of deterrent?

Did this post make you go hmm?

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