Smart Card technology to prevent fraud.

From Computing and Software Wiki

Smart Card technology to prevent fraud is a summary of various ways that fraud can be prevented using smart cards. This wiki page mainly deals with fraud in Visa and Debit cards.

Contents 1 General Facts about fraud 2 General Facts about Smart Cards 3 Problems with Smart Cards 4 Future of Smart Cards 5 General Tips to Prevent fraud 6 See Also

General Facts about fraud

• Data Protection
• Ease of Use
• Easy to Transport Information
• Relatively Cheap and Efficient

General Facts about Smart Cards

• Smart cards use a microchip embedded onto the card.
• The chip uses no power, the reader provides the power and reads the information from the chip
• Smart card chips are encrypted
• They use RSA and DSA encryption algorithms

Problems with Smart Cards

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Future of Smart Cards

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General Tips to Prevent fraud

• Hide your PIN
• Watch for signs of tampered card readers
• Don't lend out your Credit card or Debit Card

See Also

HaveFunWithCasWiki
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[Cavaliaj]