After recent credit card hacks at large businesses like Target, Home Depot, and Chick-fil-A have occurred, many in the payment card industry believe it is time for a sweeping change in the way Americans purchase goods. Debit and credit card use is the preferred American method of payment. However, with hackers preying on weak card processing software, further measures for security must be taken. Consulting a well-experienced PCI company about upgrading weak credit card processing software is the first step.
Once upgraded, keeping up-to-date with the newest defense technologies would be wise, making sure to continuously adapt to the growing sophisticated field of hacking. Staying in touch with your cyber security company is imperative, for immediate communication for any sudden threat. 911 Software Inc. is committed to the cyber security of its clients, knowledgeable and highly experienced in the field, ready to overcome the morphing challenges within credit card processing software.
Many in the field suggest the American transaction system abandon the magnetic stripped credit/debit cards altogether, hailing it a retrograde technology encouraging hackers to infiltrate company software, as these magnetic strips are incredibly easy to clone. A new card aims to truncate hackers. Possessing no credit card number, this card operates with a separate virtual number for each transaction, severing the actual card from the purchase itself. Therefore, when a hacker enters a company's system, there are only logs of purchases, with these ghost numbers each representing a purchase rather than a card and a consumer's information.
The creators state that they are, "not attempting to build our own infrastructure." Actually, the creators will be testing their products later this year with well known credit card providers such as MasterCard and Visa. Card numbers for each transaction can be managed by the consumer, possessing unique features such as placing purchase limits on each transaction — another security measure. Should a hacker invade a corporation's card processing software, the spending cap on a single card transaction number will be limited, or maxed and therefore be useless to the hacker.