Credit card selfies making thieving easy

From the ”duh” files: consumers are sharing photos of their debit cards on Facebook, and their credit card CVV numbers on Twitter. Plus, nearly 10 percent of consumers have shared their Social Security number on a social media platform. So says Ellen Richey, chief enterprise risk officer for Visa Inc., who is very concerned about how the new social media atmosphere creates global security risks. The payment industry must accept consumers’ lax practices as the “new normal" and boost its defenses, Richey said during her October 2 keynote address at Visa's Global Security Summit in Washington, D.C. The industry’s proposed new “token” standards need to “become business as usual" to combat potential fraud, Richey says. Story

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