Here’s Why Credit Card Fraud is Still a Thing

Credit to Author: BrianKrebs| Date: Wed, 29 Jul 2020 19:46:03 +0000

Most of the civilized world years ago shifted to requiring computer chips in payment cards that make it far more expensive and difficult for thieves to clone and use them for fraud. One notable exception is the United States, which is still lurching toward this goal. Here’s a look at the havoc that lag has wrought, as seen through the purchasing patterns at one of the underground’s biggest stolen card shops that was hacked last year.

Read more