Chip-and-PIN credit cards help prevent fraud

Source: National Cyber Security – Produced By Gregory Evans The much anticipated chip-and-PIN credit cards are about to become the norm at retailers nationwide. “October 1st is the deadline when retailers are trying to have chip readers put in place,” says National Retail Federation’s Craig Shearman. About 60 percent of…

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Crime Stoppers tip leads to credit card fraud bust

Source: National Cyber Security – Produced By Gregory Evans Six men were arrested Wednesday in a credit card fraud bust by the Miami-Dade Police Department’s Economic Crimes Bureau. Police said a Crime Stoppers tip led investigators to arrest Sergio Molina, 50, Larry Milanes-Garcia, 35, Aldo Blanco, 33, Yoandy Alfonso, 32,…

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Credit card fraud reported

Source: National Cyber Security – Produced By Gregory Evans Fremont Police are warning the public to reviewCREDIT CARD bills and pay attention to credit activities after a report of credit card fraud. A resident in the 3100 block of North Palmer Drive reported Monday that an unknown person had attempted…

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Card-not-present payment fraud is poised to grow

Source: National Cyber Security – Produced By Gregory Evans Already accounting for 25% of losses due to fraud globally, card-not-present fraud is expected to grow as U.S. card issuers roll out tougher-to-counterfeit chip cards. U.S. retailers may soon be tussling more with criminals who try to fraudulently use payment cards…

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