America has long served as a haven for credit card crooks because it’s only recently that we’ve switched to credit and debit cards that use smart chips (EMV). However, criminals are taking advantage of retailers’ delay in installing card readers that use the technology, and holding sort of a fire sale on stolen credit card numbers. [More]
counterfeit credit cards
Credit Card Forgers Going On One Last Crime Spree While Magnetic Stripe Readers Are Still Prevalent
Possible Mini-Security Breach At California Target Store
Back in January, postal inspectors discovered a scheme to duplicate the credit cards of Target customers and rack up purchases on counterfeit cards. No… we don’t mean that Target credit card breach. So far, this appears to be a much smaller breach, though authorities can’t say for sure yet that it’s not at all related to the breach that shook up the retail business and all of our wallets earlier this year. [More]