SmartMetric Says an Alarming Number of at Least 60 Million Credit/Debit Cards Compromised in the USA Last Year
NEW YORK--(BUSINESS WIRE)--Nov 12, 2018--SmartMetric, Inc. (OTCQB: SMME) – According to an analytic report just released by Gemini Advisory* at least 60 million US credit/debit cards were compromised last year:
“Based on the proprietary Gemini Advisory telemetry data collected from various dark-web sources over several years, we have determined that in the past 12 months at least 60 million US cards were compromised. Of those, 75% or 45.8 million were CP records, likely compromised through card-sniffing and point-of-sale (POS) breaches of businesses such as Saks, Lord & Taylor, Jason’s Deli, Cheddar’s Scratch Kitchen, Forever 21, and Whole Foods. To break it down even further, 90% or 41.6 million of those records were EMV chip-enabled.”
In the ongoing battle against credit card fraud SmartMetric a USA based company, has created biometric credit card that is turned on by the card holders’ fingerprint. “Using the power of biometrics, we have created a much higher level of security to the common credit card,” said SmartMetric’s President & CEO, Chaya Hendrick.
SmartMetric holds five issued patents pertaining to its biometric credit/debit card. It is currently being offered to Banks in the United States, Latin America and soon to be released to Banks in Europe.
The SmartMetric biometric card is as thin as a standard credit card with a fully functional fingerprint scanner built inside the card along with a rechargeable battery that allows the card to be used on all card readers including ATM’s.
Follow this link to view the SmartMetric biometric credit card:
Safe Harbor Statement: Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181112005700/en/
CONTACT: SmartMetric, Inc.
Everest Corporate Advisors, Inc.
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS HARDWARE SECURITY PROFESSIONAL SERVICES BANKING
SOURCE: SmartMetric, Inc.
Copyright Business Wire 2018.
PUB: 11/12/2018 02:07 PM/DISC: 11/12/2018 02:07 PM