Speakers representing federal and local law enforcement will discuss the latest financial fraud tactics against businesses, and practical counter methods, in a free event in College Park, Md., Nov. 3, 2023
Tag: Identity Theft
Tandon team shines light on roiling market for stolen debit and credit cards
Damon McCoy and colleagues at the NYU Tandon School of Engineering analyzed multi-year data extracted from BriansClub, an underground bazaar for buying stolen and leaked credit card information. Among findings were that chip-enabled cards are no guarantee of security if owners still swipe the stripe: 85% of the stolen magnetic stripe data originated from EMV chip-enabled cards.