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Security

Submission + - Credit Card security: Who pays for breaches?

PetManimal writes: "A scheme to steal customers' credit and debit card information at a New England supermarket chain highlights a little-understood fact about credit card security: Customers still think that the credit-card companies have to eat fraudulent charges, but since PCI DSS standards were adopted, it's actually the merchant banks and merchants who have to pay up. And, according to the author of the last article, it's a good thing:

The main reason PCI exists is that there are tens of thousands of merchants who don't understand the basics of information security and weren't even taking the very minimum steps to secure their networks and the credit card information they stored. ... PCI pushes that burden downstream and forces merchants to take on a preventative role rather than a reactive role. They have to put in a properly configured firewall, encrypt sensitive information and maintain a minimum security stance or be fined by their merchant banks. By forcing this to be an issue about prevention rather than reaction, the credit card companies have taken the bulk of the financial burden off of themselves and placed it on the merchants, which is where much of it belongs anyways.
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Technology

12 Crackpot Ideas That Could Transform Tech 213

InfoWorldMike passed us a link to an entertaining article with a sort of 'top 12' innovative technologies that could change the world. Some of the techs include solid-state drives, holographic and phase-change storage, artificial intelligence, e-books, desktop web apps, and quantum computing/cryptography. For each of these technologies, expert observers weigh in on the potentials and pitfalls of these disciplines. Here are Esther Lim's comments on e-books: "Another issue, besides the prohibitive cost and cumbersome nature of e-documents, concerns the vast portion of the contracts that were signed and agreed upon before e-books came onto the scene ... That raises questions not just in terms of what rights the user has, but what rights the publisher has vis-à-vis the copyright holder." We've discussed almost all of these technologies on the site at one point or another. Which is the most important? Which one do you think we'll never 'get right'?
User Journal

Journal Journal: Wired 1.6: Where Are They Now?

I was rooting around in my storage closet a few days ago when I came across a pile of old Wired magazines. Talk about a trip through time--they're all from the early nineties, the first few years of Wired, and they combine a cute-but-ironic enthusiasm for new tech interlaced with full-page ads for long-dead software products and companies (anyone remember Kai's Powertools?).
In the interest of historical research I thought it would be fun to go through an

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It isn't easy being the parent of a six-year-old. However, it's a pretty small price to pay for having somebody around the house who understands computers.

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