But AI is really the buzzword, so if the writer puts AI in the title then maybe more people will read it. Specifically this is designed to help banks prevent token fraud, which is hard to do anyway. Token fraud happens when a merchant “tokenizes” a credit card transaction so that the merchant doesn’t have […]
Continue reading → [DISPLAY_ACURAX_ICONS]When cyber criminals steal credit cards or buy stolen credit cards, they are buying somewhat of an unknown. Small time crooks test small numbers of cards by trying to use them at self service gas pumps in the middle of the night, but that doesn’t scale up and you run the risk of getting caught. […]
Continue reading → [DISPLAY_ACURAX_ICONS]When I wrote a couple of weeks ago about the issues with Apple Pay security problems (see post), I didn’t really understand the scope of what I was writing about. Thanks to Brian Krebs (see his post), I now understand the problem is bigger than I thought. Let’s assume that you are a crook and […]
Continue reading → [DISPLAY_ACURAX_ICONS]Here is a really, really simple tip for you to reduce (not eliminate) your exposure to credit card fraud. This is for you as a credit card user – not as a business accepting credit cards. I use it and I can tell you from personal experience, it works. Most banks offer the option to […]
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