CBS News – 6/1/15: If you live in America and use plastic to make purchases, chances are you’ve been alerted to fraudulent activity on your account. America is now the favorite haunt of credit-card fraudsters, with a report from Barclays finding that 47 percent of all global card fraud affects cards issued to U.S. residents, even though the U.S. only represents 24 percent of card volume, according to Quartz. Barclays didn’t immediately return a request for comment. While some might suspect Americans have a target painted on the back of their credit cards because they live in a rich country, there’s actually a technical issue that’s attracting criminals.
Click here to read more: http://www.cbsnews.com/news/why-credit-card-hackers-love-america

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