Cybersecurity – Tackling non-cash payment fraud

The fraud and counterfeiting of non-cash means of payment pose a serious threat to the EU’s security – they provide important income for organised crime and enable other criminal activities such as terrorism, drug trafficking and trafficking in human beings. In addition, non-cash payment fraud affects the trust of consumers
in the security of the digital single market, reduces economic online activity and causes important economic losses.
Source: Cybersecurity and digital privacy newsletter

Source: Privacy Online