Business

SmartMetric Says an Alarming Number of at Least 60 Million Credit/Debit Cards Compromised in the USA Last Year

SmartMetric Says an Alarming Number of at Least 60 Million Credit/Debit Cards Compromised in the USA Last Year.

articleSmartmetric, Inc.November 12, 20185/company/smartmetric-inc/news/smartmetric-says-an-alarming-number-of-at-least-60-million-creditdebit-cards-compromised-in-the-usa-last-year
SmartMetric Says an Alarming Number of at Least 60 Million Credit/Debit Cards Compromised in the USA Last Year

About this update from Smartmetric, Inc.

[{"type":"text","content":"\n \n SmartMetric, Inc. (OTCQB: SMME) – According to an analytic report just \n released by Gemini Advisory* at least 60 million US credit/debit cards \n were compromised last year:\n \n \n “Based on the proprietary Gemini Advisory telemetry data collected from \n various dark-web sources over several years, we have determined that in \n the past 12 months at least 60 million US cards were compromised. Of \n those, 75% or 45.8 million were CP records, likely compromised through \n card-sniffing and point-of-sale (POS) breaches of businesses such as Saks, \n Lord & Taylor, Jason’s Deli, Cheddar’s Scratch Kitchen, Forever \n 21, and Whole Foods. To break it down even further, 90% or 41.6 million \n of those records were EMV chip-enabled.”\n \n \n In the ongoing battle against credit card fraud SmartMetric a USA based \n company, has created biometric credit card that is turned on by the card \n holders’ fingerprint. “Using the power of biometrics, we have created a \n much higher level of security to the common credit card,” said \n SmartMetric’s President & CEO, Chaya Hendrick.\n \n \n SmartMetric holds five issued patents pertaining to its biometric \n credit/debit card. It is currently being offered to Banks in the United \n States, Latin America and soon to be released to Banks in Europe.\n \n \n The SmartMetric biometric card is as thin as a standard credit card with \n a fully functional fingerprint scanner built inside the card along with \n a rechargeable battery that allows the card to be used on all card \n readers including ATM’s.\n \n \n Follow this link to view the SmartMetric biometric credit card:\n \n \n Using \n the SmartMetric Card at an ATMStoring \n your fingerprint on your cardSmartMetric \n Biometric Portable Medical Records Card\n \n \n * https://geminiadvisory.io/card-fraud-on-the-rise/\n \n \n Safe Harbor Statement: Certain of the above statements \n contained in this press release are forward-looking statements that \n involve a number of risks and uncertainties. Such forward-looking \n statements are within the meaning of that term in Section 27A of the \n Securities Act of 1933 and Section 21E of the Securities Exchange Act of \n 1934. Readers are cautioned that any such forward-looking statements are \n not guarantees of future perform...

More updates from Smartmetric, Inc.