cybersecurity

Filed under: Identity Theft, Banking, Credit Cards, Consumer Protection, Debit Cards Getty Images The plastic we carry in our wallets will be quite different in the near future. The big change is seemingly innocuous — a microchip embedded right above the first series of numbers on the card. But that small metal stamp is the foundation of a system that promises more robust security for all parties involved in a transaction. Chip cards have been the norm for years in other countries, but they’re only now starting to see full-scale rollout here in the U.S. And it’s about time, too. Old Technology in a New World The traditional credit and debit card in this country packs its data onto the magnetic strip on the back of