Detailed text transcripts for TV channel - FOXNEWS - 20140204:20:03:00
Definitely adds three primary benefits to the system. one is it's more encryption. so the credit card information would stay encrypted longer and make it much more difficult for the hackers to obtain that information. so that's a big benefit of chip and pin. >> the other problem is cost. credit cards with chips are more expensive. card companies don't like that. and retailers have to install new termals to read the new cards, and they don't like that. >> thank you, rich, very much. we have a cybersecurity analyst and vice-president of the internet security firm, karusa.com. >> this is the kind...
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