Credit Card Security Research Paper Example | Topics and Well Written Essays - 500 words

doctrine Card Security - Research Paper Exampleis known as the Fraud Protection Guarantee, wherein the brain holder is free from any fraudulent charges whether the consultation card is used on the internet or not. It promotes maximum earnest because of its secure encryption technology that keeps the cardholders information strictly confidential (americanexpress.com, n. p.). For secure and safe online shopping, MasterCard has its MasterCard Secure Code it works as having a personal code plainly known to the cardholder. visa on the other hand, is also cooking up its own scheme of computer address card security measure.counterfeit credit card, which makes up 37 percent of credit card frauds. Criminals who make fake credit cards employ the latest technology to skim information that are embedded on the magnetised stripes of the credit card and pass security measures, like holograms (Credit Card Fraud Statistics and Facts, n. p.). In other words, using credit card online makes you susceptible to all kinds of credit card fraud.One fire question is how criminals crush a hold of your information. Although the most common perception is that credit card info is intercepted in one case the card is used online. That is an interesting theory, but experts explain that e-commerce has created an environment where anonymity is practiced center cards are being used even without identifiers (Faughnan, n. p.). This could be the one problem that big credit card companies try to address with the code systems of their new security measure program. Another way of thieving a cardholders information is using a particular online business as a front to get credit card info. One common and enticing site is pornography site. Such is designed as a legitimate business, thus can easily asked for a persons credit card information once that person is interested in one of the sites services. This is what is identified as selling information because these are vendors and purchasers tha t only deal with information and need no physical address for