Ruby Tuesday serves a blow to credit card skimmers

Ruby Tuesday is doing something about credit card fraud. They announced yesterday that they will be introducing an ultra-secure (encrypted) credit card system to protect their customers from fraud.

The AP is reporting:

The system, which is expected to be in all the restaurant chain's 900 locations by April, leaves no credit card information at the restaurant and is instead sent to the bank in encrypted form. The system is said to help prevent identity theft.

Criminals (some say of the organized type) have been targeting a lot of unprotected information, recently. Some of this information is bartered in underground chat rooms set up for this purpose.

Of note, Visa International commented that the new system is fully compliant with PCI data protection standards.

AP story, here.

If you would like to see the sheer volume of recent data breaches, Attrition.org has a chronology, here.

If you would like to see how easy it is for your payment card information to get skimmed at a restaurant - you can view an interesting video, here.