Thursday, January 2, 2014

Think Twice Before You Swipe

When is giving your information up dangerous? Apparently when shopping at Target over winter break. Starting on Black Friday and continuing through most of December, Hackers have gained access to millions of people's credit card numbers and information through Target's database. The hackers use this information to create fake credit cards and sell them to people who wipe the bank accounts clean.

This isn't just happening in New York or major cities, it happened to my family and many other families that we know. So the question is; how could Target, a huge corporation let something this tragic happen? What's to blame? According to Jamie Dimon, JPMorgan's CEO, we should blame the fact that these major companies aren't taking responsibility for their technological advancements as far as security goes. 

For more information you can read this article. 
"Dimon expects that cybercrimes such as the Target breach will become more common if retailers and banks do not work on security, he said. 'This story is not over, unfortunately,'" I agree with Dimon. With all of the progress made with technology we need to make sure that all of the information we give is safe. We are trusting technology more and more and putting our personal information in a computer system can seem more secure than it really is.

So what do we do here? Stick to hard copies of all of our information locked away in a safe or do we take the cyber route and trust computers and electronics with all of our information, only to be protected by a 5 number or letter password?

No comments:

Post a Comment