E-commerce card skimming: Six ways to limit liability for fraud

From January to August 2019, the details of 26,102 payment cards issued by Singapore banks were found by locally based cyber-security firm Group-IB to be for sale on the Dark Web.
From January to August 2019, the details of 26,102 payment cards issued by Singapore banks were found by locally based cyber-security firm Group-IB to be for sale on the Dark Web.PHOTO ILLUSTRATION: ST FILE

Take steps to avoid fraudulent charges amid rise in online theft of payment card details

Card skimming, or the theft of credit and debit card details and PINs, is increasingly being targeted at e-commerce sites.

Last month, The Straits Times reported that multiple shopping websites frequented by Singaporeans were targeted by card skimmers, resulting in the largest single-day haul of the details of 1,726 Singapore bank-issued payment cards.

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A version of this article appeared in the print edition of The Straits Times on October 07, 2019, with the headline 'Six ways to limit liability for fraud'. Print Edition | Subscribe