Fraudsters everywhere, there may be trouble ahead. French digital security firm Oberthur Technologies has come up with a method for making stolen bank cards useless after an hour, and we hope it works.
Motion Code replaces the fixed, three-digit Card Security Code (CSC) that sits next to your signature with a miniature display -- probably not a 4K one -- that changes every 60 minutes, giving a fraudster who managed to steal your card details a one-hour window in which to make a purchase using your info. Once your CSC changes, you'll be protected again.
It’s a clever solution that could completely thwart thieves and also save you from the hassle of cancelling your card and waiting for a replacement to come through. The little display requires electric juice, but Oberthur Technologies promises that battery life will keep it going beyond the expiry date of the card, so you shouldn't ever find yourself in a situation where you're plugging your bank card into a power socket.