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Chip vs. Stripe: Why U.S. Credit Card Security Has Fallen Behind

Target, Neiman Marcus, Sheraton, eBay – the list of famous names seems to go on and on. It’s not hard to figure out what all of these names have in common, either. They’ve all been hit hard by data breaches in the past six months. The hackers’ method of choice? Targeting the outdated black magnetic stripe credit cards that are still in use across the U.S.