By Neil Hughes


Initially intended to cut down on credit card fraud, the EMV chip-and-signature switch for credit cards in the U.S. has had an unintended consequence: It has driven scammers to the web, where they are thriving on lax security and poor user habits.


Akin to a predator in the wild, like a shark sensing a drop of blood in the ocean, fraudsters will frequently prey on weak and easy targets to make a quick buck. As roadblocks are put in place, they will look elsewhere for the path of least resistance.


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