Linked by Thom Holwerda on Mon 2nd May 2011 22:27 UTC
Privacy, Security, Encryption "Nikkei.com on Monday reported that an online Sony gaming network has once again fallen victim to a cyberattack. This time, the attack may have exposed the credit card numbers of thousands of Sony customers from around the world. According to the report, over 12,700 customer credit card numbers were stolen during a breach of Sony’s online gaming network, Sony Online Entertainment. According to Nikkei.com, Sony discovered the possible attack on Sunday."
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smitty
Member since:
2005-10-13

In The Netherlands, your PIN number is a personal code. Not even your bank knows this number. In order to do ANY transaction , you need your bank card (swipe it) and then enter your PIN. The card alone is useless, the account number alone is useless, the PIN number alone is useless. You CANNOT perform ANY transaction without entering your PIN number. The system doesn't allow it. It's not optional.

So in other words, they've solved the security problem by completely locking these cards out of any online transactions. I guess that's one way to solve the problem.

For clarification, that's not the way it's done in the US. The debit cards are able to piggyback on the credit card processing systems so that any place which accepts a Visa card can also accept debit. You still have to enter the PIN# for authorization and it still goes straight to your bank, though, so it is still "debit".

For online transactions, Dutch banks have set up a system called iDEAL:

http://en.wikipedia.org/wiki/IDEAL

Which is something entirely different and not what was being discussed.

Edited 2011-05-03 07:17 UTC

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