Obama orders chip-and-PIN in government credit cards

Obama's order covered only government cards and the readers at federal agency facilities. But the move could inspire more retail stores and banks to get on board. Stores including Home Depot, Target and Walmart are planning to have readers for chip-and-PIN cards installed in their stores by next year, the White House said.

Obama also said Friday that he would be supporting the U.S. Federal Trade Commission in its development of a new resource for victims of data theft, IdentityTheft.gov, to streamline the process of reporting thefts to credit bureaus.

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