Re: Safe to make credit card purchases over the web?

From: Barry Margolin (barmar_at_alum.mit.edu)
Date: 03/31/04

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    Date: Wed, 31 Mar 2004 00:53:21 -0500
    
    

    In article <c4dbfh$rt$1@208.20.133.66>,
     Bruce Barnett <spamhater91+U040330214633@grymoire.com> wrote:

    > Fred Ma <fma@doe.carleton.ca> writes:
    >
    > > Thanks, all, for confirming what I was suspecting.
    > > Namely, that the security risk is more in securing
    > > the remote database rather than eavesdropping the
    > > link. As well as the conclusion that web purchases
    > > are not much more risky than in-person.
    >
    >
    > If nothing else, it's more productive to steal ALL of the credit card
    > numbers than to steal one or two.....

    And then to steal a small bit of money from each account. No single
    customer is affected significantly enough that law enforcement will take
    it seriously (if the victim even bothers reporting it), but the
    perpetrator's total take can be enormous. It's kind of like the old,
    perhaps apocryphal, scheme of siphoning round-off errors to a side
    account.

    -- 
    Barry Margolin, barmar@alum.mit.edu
    Arlington, MA
    *** PLEASE post questions in newsgroups, not directly to me ***
    

  • Next message: chris_at_nospam.com: "Re: Packet sniffing problems"

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