US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows
FICO
FEBRUARY 16, 2023
Chip and PIN transactions are more secure than swiping, but consumers will need to take care to cover the PIN pad while entering their number so that thieves cannot capture the unique PIN with a spy cam. Banks should deploy fraud checks prior to authorizing any purchase or payment transaction. Debbie holds a B.A.
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