Credit Card and Bank Information
By: Tyler H, Trent H. Allen B, Andrew Z, Rohin K, Megan Z, and Michelle L
Today’s Setting
Today, we have a more secure credit card system, but before and still now, many hackers hacked into people’s credit cards, causing many problems for the people who used that card.
Hackers before can steal your credit card and bank information, and they still can today. They make charges with your money in your bank or on your credit card. Cryptography can help to strengthen those codes so hackers can’t break into other people’s information.
Now, however, we have EMV credit cards that use chips, which are much more secure that than the old metal strip. EMV uses a metal chip (as shown below), which is uses a unique signal every time it is used. (you can read more about the metal strip below)
How Does relate to Cryptography?
Well as you know, hackers can crack easy codes or hard codes. For that reason, if banks have harder cryptography codes to crack, it will be harder for the hackers to crack and they will not get the credit card or bank info as fast. Many banks have really hard cryptography codes, to protect their user’s accounts.
You can get jobs and other in this and help keep credit information safe. People make code better and more difficult to crack and nobody can get in. Cryptologists fix other code and keep us safe. Credit companies make sure they keep changing and stay safe.
Flaws in Credit Card Code
One of the most popular known ways of getting people's information is hacking. The way people hack is by using a series of code to get preset bank card numbers and people's private information. The whole cause of this is from information being preset into the websites.
This is just one example of flaw in the coding of websites. There are many different flaws that hackers have discovered to hack and use people's private information.
Some more ways that people get other peoples information are spoofing where hackers using fake websites and emails for credit card information, phishing where calling businesses acting like a bank to receive credit cards, and skimming where when hackers put credit card readers in gas pumps and ATMs to get the magnetic strips on cards.
These are just some of the flaws in the everyday world that hackers use to get bank and credit card information. (See the metal (strip below)
Source of image
Conclusion
Our credit information is safe and it is getting safer every day. Many cryptologists have changed and made the code better so people can keep more of their credit card info safe. Cryptologists are fixing a flaw in the code and trying to change more people to the chip reader.
We still need more Cryptographers to help secure everybody’s credit cards and bank information. There are many jobs for cryptographers. Your career could be cryptography. You can join other cryptographers to help secure people’s information.