Reports: Counterfeit card fraud down as card-not-present and identify fraud spike
It is a long-established fact that fraudsters follow the path of least resistance. Recent statistics back this up. CardNotPresent points out that according to the Card Fraud Control Benchmark Study from Auriemma Consulting Group, counterfeit card fraud dropped by 18% in the first quarter, largely due to the continuing rollout of EMV which requires multifactor authentication. The [...]