U.K.-based card fraud expert Neira Jones says card fraud is migrating to non-EMV markets, such as the U.S. Jones: EMV does not eliminate all fraud, but it has nearly eliminated face-to-face and skimming fraud, she says. Only 6 percent of card fraud losses recorded in 2012 were linked to counterfeit cards, Jones says. Retail breaches are most often to blame for some of the most of the fraud losses, says Jones. Jones: “It’s very obvious that since EMV adoption, fraud has shifted to the card-not-present space; it’s very, obvious-the-obvious””]
Source: https://www.cuinfosecurity.com/emv-card-fraud-migrating-a-6047