This is the stuff we have to stay focused on. What is the government doing to protect the US Consumer and their money? .... An executive order the president issued Friday will install the technology in newly issued and existing government credit cards, plus debit cards issued to citizens for benefits. “You should be able to buy the things that you need without risking your identity, your credit score or your savings,” Obama said at brief speech at the Consumer Financial Protection Board to announce the policy. His “Buy Secure” program also mandates modifying registers at post offices, passport offices, Department of Veterans Affairs canteens, national parks and other government facilities so they accept citizens’ own chip-and-PIN cards. Major retailers, including Home Depot, Target and Walmart, are expected to do the same by January 2015 at their checkout lines. Federal officials anticipate that by January 2016, the government will issue more than 1 million secure federal payment cards. The idea that the government is going to switch over its millions of cards is demonstrating leadership in moving this in the direction we have to move in,” the official said. nextgov/cybersecurity/2014/10/obama-orders-two-step-ids-tamp-credit-card-hacks/96785/?oref=nextgov_today_nl
Posted on: Tue, 21 Oct 2014 05:20:36 +0000
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