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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bouhko
Member since:
2010-06-24

"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.
"
Actually not. In Switzerland, you have to use a card reader delivered by the bank for online transaction.
The E-commerce website redirects you to your bank.
Then you put your debit card in the card reader, put a number given by the bank website, put your pin and the card reader then calculate a new number that you enter back on the bank website and that's it. It works. It's secure because it's basically the same idea as public key cryptography.

Yeah really, it is possible to build a system that is secure for online purchasing. Unfortunately, with this system, the likes of Sony and Skype cannot retain your credit card and charge it automatically because you forgot that you entered it once on their website.

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