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#64 – Bruce Schneier on how insecure electronic voting could break the United States — and surveillance without tyranny

80,000 Hours Podcast

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The Economics of Liability and Security in Credit Card Fraud

This chapter examines the economic impact of liability in credit card security, focusing on the changes introduced by the Fair Credit Reporting Act of 1978. It highlights how the transfer of fraud loss responsibility to banks has driven investment in advanced security technologies, emphasizing the need for proper alignment of liability and risk management.

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