President Barack Obama recently announced the administration’s BuySecure initiative. At a meeting at the Consumer Financial Protection Bureau Oct. 17, the president outlined the program, aimed at increasing the security of sensitive financial information and enhancing protections against fraud and identity theft. As part of the BuySecure initiative, the president signed an executive order mandating the federal government’s adoption of chip-and-PIN credit and debit cards beginning next year. Chip-and-PIN …