Chip-and-PIN linked to drop in card fraud
Credit card fraud has fallen by nearly a third following the introduction of chip-and-PIN technology, according to figures published this week. Banking industry group Apacs says fraud associated with lost, stolen or counterfeit cards fell by £36m from January to June 2005, or 29 per cent compared with the same period last year.
By Miya Knights at Computing.
[ Read more ]
Reading our newsletter every Monday will keep you up-to-date with security news.
Receive a daily digest of the latest security news.