The EMV chip has make credit card fraud harder, but credit card fraudsters are taking an interesting new twist. By intercepting new credit cards in the mail, they are stealing the new chip off the card and replacing it with an old, dead chip, before resealing the envelope and sending it on to the recipient. The new chip is glued on to a fake card. When the recipient activates the new card, the stolen chip is activated, and the theives ...
Continue Reading →MAY







