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October 17, 2005

Online Credit Card Security

Posted by Eric at 9:45 am. Filed under: General

Deep in this interview with Kevin Mitnick (hacker extraordinaire and author of Art of Deception) is buried a quote which echoes somethign that I have been repeating saying for several years now anytime someone asks me “is it safe to use a credit card online?”

But, I don’t have a problem at all using my credit card online. There are attacks that can be done, but it’s unlikely that I’ll be targeted as an individual. It’s more likely the attackers will target the bank. So that way they can get many user names and passwords, and get access to many accounts, rather than just targeting me. I think it’s safer to use a credit card over the Internet than it is to go to a Macy’s and use it where an employee can simply skim off the card, or go into a bar, or a restaurant where they have your credit card number.

He reminds us that, as always, social engineering is the bigger risk than technological hacking.


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