Security expert Ben Laurie has a scorching indictment of the "Verified by Visa" program used by British banks. This system is basically the perfect system for phishers and identity thieves, and conditions honest people to behave in foolish ways that leave them vulnerable to having their life's saving taken off of them.
"Frame inline displays the VbV authentication page in
the merchant’s main window with the merchant’s
header. Therefore, VbV is seen as a natural part of the
purchase process. It is recommended that the top
frame include the merchant’s standard branding in a
short and concise manner and keep the cardholder
within the same look and feel of the checkout process."
Or, in other words: Please ensure that there is absolutely no way for your customer to know whether we are showing the form or you are. In fact, please train your customer to give their “Verified by Visa” password to anyone who asks for it.
Craziness. But it gets better - obviously not everyone is pre-enrolled in this stupid scheme, so they also allow for enrolment using the same inline scheme. Now the phishers have the opportunity to also get information that will allow them to identify themselves to the bank as you. Yes, Visa have provided a very nicely tailored and packaged identity theft scheme. But, best of all, rather like Chip and PIN, they push all blame for their failures on to the customer
Compared to 75 years ago, Americans spend less on reading, alcohol, tobacco, clothing, and food. They spend more on education, entertainment, and transportation, but the real bank-breaker is how much more Americans spend on housing, even adjusted for inflation.
I’m at Institute for the Future in Palo Alto, CA today (I’m on staff) at the Positive Platform Design Jam, where we had Cornell historian Louis Hyman give a presentation called “Unnatural Capitalism: How the New Deal Reinvented Capitalism and Why We Need to Do It Again.” You can watch a video recording of his […]
UC Irvine economist Peter Navarro, a hand-picked Trump economic advisor: “Navarro has never met Trump in person. And as for speaking with him by phone, he acknowledges, ‘I have never had the pleasure.'”
One of the best ways to progress a career in project management is through earning recognized certifications. These certifications carry significant clout and don’t require expensive tuition or student loans. This Ultimate Project Management Certification Bundle is a great example of an affordable way to get ahead. It includes training for 9 certifications including PMP, […]
There’s nothing quite like the rush of playing against a real human opponent. But from a developer standpoint, creating fun multiplayer experiences is incredibly complex. Fortunately, the Unity3D game engine has made all aspects of game creation, including multiplayer functionality, as accessible as ever.This Unity Course Bundle introduces all of the necessary elements of creating […]
The 2016 World Series game 7 will undoubtedly go down in history as one of the greatest baseball games of all time. With endless suspense, a nefariously-timed rain delay, and extra innings, it reminded over 40 million viewers why they love America’s pastime – and why all bets were truly off in 2016. Savor the […]