The widespread adoption of EMV technology is likely to reduce
A) pretexting.
B) phishing.
C) pharming.
D) skimming.

Question

Quizplus · Accepted Answer

EMV technology, which stands for Europay, MasterCard, and Visa, is a global standard for cards equipped with chip technology. This technology significantly enhances the security of card transactions by making it much harder for fraudsters to skim and clone credit card information. Skimming involves illegally copying the information from the magnetic stripe of a card, which is much more difficult with the encrypted data on EMV chips. Therefore, the adoption of EMV technology directly impacts the reduction of skimming incidents.

The Widespread Adoption of EMV Technology Is Likely to Reduce