70 percent rise in debit cards compromised in U.S.
The number of hacked card readers at U.S. ATMs, restaurants and merchants rose 30 percent in 2016.
The number of compromises recorded in 2016 set a new high for the FICO Card Alert Service, which monitors hundreds of thousands of ATMs and other readers in the U.S.
This new data follows a 546 percent increase in compromised ATMs from 2014 to 2015. As in 2015, the most compromises occurred at non-bank ATMs, such as those in convenience stores.
About 60 percent of compromises were at non-bank ATMs, with the rest occurring at bank ATMs or point-of-sale (POS) devices, such as card payment machines at retailers.
These figures cover only card fraud occurring at physical devices, not online card fraud.
The average duration of a compromise continued to fall — on average, an ATM or POS device would be compromised for 11 days, compared to 14 days in 2015.
The 2016 average duration is less than a third of the average duration in 2014, 36 days. The average number of cards affected by a single compromise was cut in half. ■