Cyber Security Impressions

Here I am, a little after 23:00. I am in a decent level of agony as I hurt my back and the painkillers do not work, at least it is having no effect. In this I also have been forgoing sleep since Saturday (pain levels tend to do just that). Yet I just had an idea. I just figured out another usage for my 5G devices. A setting to limit and downsize credit card fraud and identity theft. I saw some of the damage a few days ago and it kept it in the back of my head. 

Now, let’s take a little detour to anti viral solutions about two decades ago. In those days one solution was to create thumbprints of every file, the checkmarks would give an indication that a file was optionally infected. 

Now let’s take a step to tomorrow. Most people are wage slaves. Often working from 8am to 8pm, and their routine changes to the smallest degree. Now consider that you could create a thumbprint of your day, not in detail but to some degree. Now consider that the credit card thief would try to make a purchase somewhere in town, but the thumbprint of you will not match up. More important when you set up your daily station and upload that (encrypted) to your bank server your bank can check whether you were anywhere near the purchase. Consider that credit card fraud surpassed $24,000,000,000 in 2018 and it is only getting worse. Yes, you can wait for the bank to return your cash or you can be proactive and that is the station where the daily file is encrypted and it does not have specifics, merely connect points, yet those points will not fit the credit card thief and that is where we can stop him proactively. More important, it could also give banks clues on HOW and more important WHERE the credit card theft was done. Why did no one think of this earlier? Perhaps before 5G the system would be overly taxed. I do not know, I am merely  trying to see if this could be the optional solution and my hardware is already on station to make a mark, yet I am not the only one. Mobile phones could easily have a similar function, so there are alternatives and that is good. This is an issue we should all try to solve, not to simply see if it is a moneymaker. On the other hand preventing loss is also a moneymaking solution, it makes money for banks and it stops YOU from losing money you might optionally not get back, or get back after a long delay. And as this solution gets better it would be near direct resolutions making the thief the loser as we all want it to be.

Now at first it will not be the perfect solution, yet as the people submit more and more thumbprints, deeper learning systems will be able to tell more rapidly and more quickly if the purchase was for real and done by the actual purchase. It could even set the stage where kids cannot go on a spending spree with mommy’s or daddy’s credit card. So far I can only see upsides and that is always nice. I am still trying to see if there are downsides, and perhaps I will find 1-2, but at present there are seemingly none. 

A simple (and painful) day and I found another way to stop credit card theft, what a lovely way to start Wednesday, which started 18 minutes ago.

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Filed under IT, Science

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