Fraudsters intercept corporate debit cards and swap out chips in new scam

Criminals have devised a new scheme that aims to drain the bank accounts of large corporations. US authorities are alerting banks to a new type of payment card fraud that is targeting chips in debit cards sent through the mail, a report by KrebsOnSecurity reveals. According to a warning issued by the United States Secret Service in … More Fraudsters intercept corporate debit cards and swap out chips in new scam