Survey shows 39% year-on-year increase in compromised debit cards in the US during the first six months of 2017. 2017 will be the worst year on record for fraud, according to FICO, a US data analytics and credit scoring firm. The number of compromised cards rose by a whopping 70% last year. FICO has now deployed the use of predictive analytics and data science in the fight against the next generation of fraudsters. Consumers should use apps to check their balance immediately, use bank fraud alert monitoring services, make sure they have your current phone number.”]
Source: https://www.darkreading.com/abtv/debit-card-fraud-numbers-explode/a/d-id/736009