Thursday, May 21, 2015
Debit card data theft has increased radically in 2015
The Wall Street Journal reports, in a front-page story Wednesday, that debit-card data theft has increased radically since the start of 2015, and that much of the theft comes from skimmers placed in non-bank ATM’s in remote locations, link here.
Retailers will be expected to have the technology to read the newer debit cards by October 2015. But ATM’s are slow to come up to speed, although bank ATM’s will probably be brought up to speed in the next few months.