Senator Calls for Higher Encryption Standards for No Swipe Cards

Senator Schumer from New York held a press conference today calling for higher encryption standards for new no swipe credit cards being introduced. I'm relieved to see that some of our elected officials are technically informed and looking out for the consumer.

No-swipe credit cards that use radio waves to relay their data put consumers at increased risk of identity theft, Sen. Charles Schumer said Sunday.

"These cards may be convenient, but they're a double-edged sword," said Schumer, D-N.Y.

Tens of millions of no-swipe credit cards have been issued in the past year.

Link