By Max Clarke
The recent hack of Sony’s PlayStation network has left exposed a potential 70 million users to credit card fraud in what commentators have labelled the largest security breach of its kind.
Speaking to Fresh Business Thinking about the breach is Kevin Harrington, Managing Director of the Global Prepaid Exchange.
“Hacking and security breaches seem to be getting more and more sophisticated, and the Sony PlayStation situation is a good example,” said Harrington.
“While there is probably nothing gamers could have done to prevent the hackers accessing their details, they could have protected their finances by using a prepaid card instead of a credit card to make online transactions. Prepaid cards are pre-loaded with a set amount, which means hackers would only have access to the allocated funds rather than thousands of pounds worth of credit which is often available on credit cards”