Has your credit card information been exposed in a data breach? If not, it probably will be at some point. According to the Identity Theft Resource Center (ITRC), 14.2 million credit card numbers were exposed in 2017 – an 88% increase from 2016. Given the collective data breaches, there’s little reason to expect 2018 and 2019 numbers to improve.
An excellent way to protect existing credit card accounts is to store your information in as few places as possible. However, if you don’t store your account information with vendors, you’ll have to enter your credit card number for every transaction. That’s safer, but tedious – and if you’re using an unsecured connection, you’re exposing your data each time.
The Token app offers a solution. Token is based on the same tokenization principle that payment systems use to prevent identity theft at the point of sale. The credit card…