EMV enabled cards, have been around for about ten years in about 80 countries worldwide, but are only recently being adopted by the US, due to legislation that forces merchants to accept them by October 1, 2015.
credit card fraud
Each time after the dynamic card is used, it is zeroized. Thus, it is merely blank piece of plastic to any ambitious thief.”
Consumers need to protect personal data and they need to know the difference between a legitimate debt collector and a fake scam being conducted to steal personal information.
Target is now offering free credit monitoring and identity theft protection to customer’s for one-year free. The one-year offer includes a credit report, daily credit monitoring, identity theft resolution, identity theft insurance and ProtectMyID ExtendCARE, personalized assistance from a highly-trained Fraud Resolution Agent after the one-year period expires.
The reason “double-swiping” has become common among retailers is because it is often used for customer loyalty programs, record-keeping or other aspects of the retail-operations.
For the last several years the data has not changed hardly at all. By far, the easiest way for criminals to get your information is to ask for it…..and they do. Because we are not forcing a change, they simply keep on doing the same thing.
These criminals even have a sort of “moderation” in place. When someone comes on to complain or say something that might rock the criminal boat, a “manager” will then come along and delete their comments.