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As credit card chips drive fraud online, behavioral biometics become latest line of defense
Mar 30, 2017
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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