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Thieves turn their attention online as chip cards cut into store fraud

(Bloomberg)—The adoption of credit card chip technology by U.S. retailers is having an unintended consequence: Criminals are moving to the internet from bricks-and-mortar stores. The use of stolen card data to pay for merchandise on websites, in mobile apps and by dialing call centers surged 40% last year, according to a recent report from Javelin […]

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