Also known as EMV or chip and PIN cards, they have been the standard in Europe for years and offer far greater identity protection than magnetic strips.

s the last G20 country to go with EMV chip-secured credit cards, the US offers opportunities for fraudsters using foreign cards.

Cloning magstripes from EMV data is, in fact, the way how many carding gangs still operate today. Crooks use skimmer or shimmer devices to collect data on EMV cards, they create a magstripe clone ...

Known as EMV-Bypass Cloning, a technique first described in 2008 has been seen abused in the wild this year.