EMV payment cards will significantly rise in the short term, the PCI Council’s Bob Russo says. Hackers will increase their attacks on point-of-sale and other systems to exploit weaknesses in mag-stripe technology, he says. Other countries that have made the shift to EMV eventually saw in-person fraud decline, while card-not-present fraud grew. The most meaningful action that could come out of Washington would be to enact a national breach notification law, Russo said.”]
Source: https://www.cuinfosecurity.com/expect-fraud-surge-during-emv-rollout-a-7462