Re:NSA refused Clinton a secure BlackBerry like Obama, so sh...
by btilly on Thursday March 17, 2016 @07:01PM
(#11308352)
No. The default in the USA is that consumers are not liable for anything that consumers claim they didn't buy, and the company can't prove they did.
The reason it reduces crime is that you can't make fake credit cards with data collected from a skimmer, and use them in stores. Your fake credit cards fail because they can't do the chip interaction. Therefore in store fraud is reduced to people physically stealing your credit card.
The reason it reduces crime is that you can't make fake credit cards with data collected from a skimmer, and use them in stores. Your fake credit cards fail because they can't do the chip interaction. Therefore in store fraud is reduced to people physically stealing your credit card.