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Chipotle data breach highlights need for new chip security technology

Author: Jackie Crea / Source: 7NEWS

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Swiping could be the thing of the past, cyber security experts say following news of Chipotle falling victim to hacking.

DENVER — Swiping could be the thing of the past. Just ask any cyber security expert, like Chris Rothe with Red Canary, a cyber security company based in Downtown Denver.

“The stripe is old technology. It’s a magnetic strip that encodes basically just your credit card number pretty much in plain text.”

Chipotle is the latest company making headlines after falling victim to hacking. Malware was installed on the point of sale terminals where employees take your order.

“[If you] swipe your credit…

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