I missed 60 Minutes last night, but Carol told me about a story that aired that should warm your heart for the holidays.
Are you nervous when typing in your credit card number online, but
have no problem handing over your plastic card at a store? Well
actually, you may have it backward. Your personal information may be
more secure in cyberspace than at the mall down the road. Seriously.
How is that possible you ask? Well it’s easier for dot-coms to protect the data. And
most stores in America underestimate how vulnerable they are. Retailers got a huge wake-up call earlier this year, when
TJX, the parent company of T.J. Maxx and Marshalls, disclosed it had
suffered the worst high-tech heist in shopping history. The worst part? It could have been prevented.
Many stores are sending your information over a wireless network and if it isn’t encrypted properly or it’s outdated, your information could be nabbed by thieves. Easily.
What kind of information do these bad guys get? How about complete files with addresses, Social Security numbers, credit card and ATM
pin numbers. Even the answer to that security question "What’s your
mother’s maiden name?" Scary, huh? Well the cost to our economy is huge to boot.
Doesn’t anybody use cash in stores anymore?
Read Lesley Stahl’s full story "Hi-Tech Heist" or view it here.See the Top Ten Summer 2016 Trends for Women Over 40