Fraud Down by 66% Since Chips Went Into Credit Cards According to Visa Risk Exec
Stephanie Ericksen, Vice President of Global Risk Products at Visa, says counterfeit fraud has gone down by 66% since chip-cards were widely adopted about two and a half years ago.
For full interview [click here](https://cheddar.com/videos/how-visa-credit-cards-are-keeping-you-safe-from-fraud).
Authorities in the U.S. and Europe arrested nearly 300 people, confiscated over $53 million, and seized a dark web marketplace as part of an international crackdown on drug trafficking that officials say was the largest operation of its kind.