United States:
Report Shows Credit Card Fraud Shifts From In-Store To Online
15 March 2017
by
Daniel J. McLoon
,
Mauricio Paez
,
Richard Johnson
,
Jonathon Little
,
Kevin Lyles
,
Todd McClelland
,
Jeff Rabkin
,
Adam Salter
,
Michiru Takahashi
,
Undine Von Diemar
,
Olivier Haas
,
Jörg Hladjk
and
Anand Varadarajan
Jones Day
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On February 1, 2017, Javelin Strategy and Research reported that the use of stolen card data to
pay for merchandise on websites, in mobile apps, and via telephone
increased by 40 percent in 2016. In turn, this shift has forced
retailers with online sales to enhance online security because the
increased use of chip technology in credit cards reduced in-person
fraud in retail stores, driving credit card fraud online.
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