Cracking down on card fraud

24th February, 2015 by

By Randy Wyrick

Thieves and credit card hackers are diving through their window of opportunity before it closes, say security experts.As cards loaded with small, encrypted computer chips — EMV payment cards — replace cards with magnetic strips in the United States, thieves and hackers are stealing as fast as they can in the short term, said Laura K. Johnson, communications manager with the PCI Security Standards Council. “What we’ve seen in other countries is increased activity by hackers to target this channel before it becomes more secure with chip technology,” Johnson said.Colorado has the nation’s second-highest rate of credit card fraud, 412.4 …

Source:: Vail Daily Feed



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