a wolf in credit card’s clothing

Bogus Credit Card Charges Look Like They Were Made With Chip-Enabled Cards

Bogus Credit Card Charges Look Like They Were Made With Chip-Enabled Cards

As banks begin rolling out new credit cards embedded with microchips intended to help prevent fraudulent use, some financial institutions are reportedly seeing a spike in bogus transaction charges that appear to be coming from these newer cards, even though chip-enabled cards have yet to be sent out. [More]