The Most Dangerous Thing in Your Wallet

A better credit card is the solution to ever larger hack attacks

A thin magnetic stripe is all that stands between your credit-card information and the bad guys. And they've been working hard to break in. That's why 2014 is shaping up as a major showdown: banks, law enforcement and technology companies are all trying to thwart a network of hackers who are succeeding in swiping account numbers, names, email addresses and other crucial data used in identity theft. More than 100 million accounts at Target, Neiman Marcus and Michaels stores were affected in some way during the most recent attacks, starting last November.

Swipe is the operative word: cards are increasingly vulnerable...

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