Originally Posted by
kebosabi
A brilliant solution by French Caldwell of Gartner, on
The Myth of EMV
summary:
blah-blah-blah this, blah-blah-blah that, therefore "the best way to avoid credit card fraud is to follow the German example and just avoid using credit cards."
Yes, and I suppose if we follow his advice, I'm sure the best way to reduce breaches and hackings is to avoid using computers as well?
It's interesting how your post shows (and probably mine will) as a response underneath the article. They have some great data harvesting going on---perhaps by search, or perhaps by looking at the referer information for people who click on links to the Gartner article.
Anyway, the author also misses the cultural aspect of cards. Credit cards as we know them in USA are not prevalent in Germany. They tend to use debit or charge cards instead of credit cards. France doesn't use credit cards at all. In contrast, UK uses credit cards that are very similar to USA credit cards.