EMV: The fraud bulldozer

Abstract

These days everyone has a stake in Chip and PIN security – it can be the topic of the over-the-counter conversation as you pay, of the boardroom executives at a bank, or over a pint at the pub. So how is EMV, the electronic payments standard underlying Chip and PIN shaping up? And what is the modern landscape of payments fraud? Here, Mike Bond, Security Director at Cryptomathic, shares his opinion.