Financial Times FT.com

Card fraud abroad rises by 77%

By Elaine Moore

Published: August 15 2008 18:57 | Last updated: August 15 2008 18:57

Chip and pin, the system intended to make paying for goods and services safer, is being increasingly targeted by criminals overseas.

Card fraud abroad is up 77 per cent, meaning that even if you’re not going away on holiday this year, your card details might be. Criminals are sending UK card information to countries that do not yet use the chip and pin system.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this