About 10 million bank clients are potentially easy victims of fraudulent charges to their debit and credit accounts because they are using the vulnerable magnetic stripe cards.
Foreign fraudsters in collaboration with local bankers and merchants are believed to have committed more card frauds on point-of-sale (POS) terminals than what they had done with ATMs, experts and investigators said.
About 10 million bank clients are potentially easy victims of fraudulent charges to their debit and credit accounts because they are using the vulnerable magnetic stripe cards.
Foreign fraudsters in collaboration with local bankers and merchants are believed to have committed more card frauds on point-of-sale (POS) terminals than what they had done with ATMs, experts and investigators said.
