Online credit card fraud on the rise as cyber criminals become more sophisticated | ABC News (Australia)

Cyber fraud continues to rise as an increasing number of consumers shop online and as cyber criminals use more sophisticated tactics.

The Australian Payments Network — the industry’s self-regulatory body — has revealed a significant increase in card fraud, with stolen card details accounting for 78 per cent of fraudulent card transactions.

Source: Online credit card fraud on the rise as cyber criminals become more sophisticated – ABC News (Australian Broadcasting Corporation)

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