Contactless Fraud Soars to Over £7m

"The amount of money stolen from contactless bank cards and mobile devices has soared, it has emerged. Almost £7m was taken in 2016, compared to £2.8m in 2015, according to Financial Fraud Action UK. In the same period, contactless spending rose from £7.75bn to £25.2bn.A judge recently slammed the technology, which does not require a PIN, [...]