Post 17, CIS 608

Chip and pin technology:

U.S. present signs an executive order to implement enhanced security measures for credit card transactions. Instead of using credit card number retail companies will be using chip and pin technology. This will help to stop criminals who use stolen credit card numbers. US government was criticized for not being able to adopt this Technology where many European countries already using this method to secure transactions. Here is the link if you are interested reading this news in detail.

Source: http://www.scmagazine.com/executive-order-improves-security-by-promoting-chip-and-pin-technology/article/377994/