alt Hacker NewsCredit cards as a while use a security model from...what, the 1970s? Sure, they've patched by adding the 3-digit CVC, but really? A huge industry can't do better than that? Honestly, it's pathetic...
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huggsboson • yesterday at 9:59 PM
BBVA has dynamic CVC
Between 3DS for online payments and EMV for POS payments (both launched in the 1990s), payment cards could be plenty secure – if the industry were to decide to mandate them for every payment.
The fact that it hasn't is an interesting study in game theory and economics.