Key Findings
- 60 million US payment cards have been compromised in the past 12 months.
- 45.8 million or 75% are Card-Present (CP) records and were stolen at the point-of-sale devices, while only 25% were compromised in online breaches.
- 90% of the CP compromised US payment cards were EMV enabled.
- The US leads the rest of the world in the total amount of compromised EMV payment cards by a massive 37.3 million records.
- Financially motivated threat groups are still exploiting the lack of merchant EMV compliance.
- An imminent shift from card-present to card-not-present fraud is already evident with a 14% increase in payment cards stolen through e-commerce breaches in the past 12 months.
Read more … Source : Geminiadvisory
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