Criminals could target banks if chip-and-pin reduces hacking opportunities, MasterCard says

The transition away from magnetic stripe credit cards in the U.S. to more secure chip-and-pin cards could lead criminals to look for alternate ways to make money, a MasterCard executive says.

Sourced through Scoop.it from: www.marketwatch.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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