Making cards less vulnerable to fraud (CBS video)

In the video below, CBS 5 San Francisco interviews FICO fraud expert and blogger Doug Clare in a segment on chip (smart) cards. Doug explains why these cards are less vulnerable to fraud than magnetic stripe debit and credit cards, and the challenges for adoption in the US.

If you have problems viewing the video, view it here. For more information on this topic, read Doug Clare's blog post, "Chip and PIN in the US?"