Black market in stolen card details becoming more user-friendly, leading to ‘explosion’ in fraud – 17 July 2019

Card-not-present fraud accounts for 85 per cent of card fraud in Australia. One woman’s Uber account is used worldwide in multiple transactions costing close to $1,500

An expert recommends the tokenisation of card details for recurring payments.

https://www.abc.net.au/news/2019-07-17/card-fraud-exploding-thanks-to-user-friendly-online-black-market/11300636