Card Fraud Battle Continues: Who's at Fault?

on 11:02 AM

The battle continues in the debate over who should increase their efforts to prevent plastic card fraud: merchants or card issuers. CU InfoSecurity features two articles focusing in on the back and forth.

"Pay at the Pump Fraud Grows" cites card skimming fraud popping up increasingly across the country. In response to growing press coverage of convenience store fraud, a representative of the National Association of Convenience Stores (NACS) claims that pay-at-pump skimming accounts for a low percentage of card compromises, but media attention has fueled public concerns. He goes on to say that "most convenience stores are concerned about pay-at-the-pump skimming, but they can only focus on so much."


In "Michael's Breach: Who's Liable" CU InfoSecurity reports on a Michael's customer's account being compromised to the tune of $1,300 after she made a $20 purchase at a Michael's store. She subsequently filed a class action suit. The article goes on to address the controversy over whether merchants or issuers should be assuming more responsibility. Merchants claim both share equally.

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