F RAUD ON Online and Card-not-Present T RANSACTIONS Richard J. Sullivan Economic Research Federal Reserve Bank of Kansas City Presentation to the Symposium on Improving Security for Online and Card-not-Present Transactions Federal Reserve Bank of Chicago September 26, 2011 The views expressed in this presentation are those of the author and do not necessarily reflect those of the Federal Reserve Bank of Kansas City or of the Federal Reserve System .
PCI Compliance Rates and the Number of Publicly Disclosed Data Breach Incidents Among Retail & Commerce Firms Incidents 25 100% Retail & Commerce Data Breaches PCI Compliance Rate - Level 1 Retailers 90% 20 80% 15 70% 60% 10 50% 5 40% 0 30% 2005:01 2005:07 2006:01 2006:07 2007:01 2007:07 2008:01 2008:07 2009:01 2009:07 2010:01 2010:07 2011:01 2011:06
UK Payment Card Fraud Losses millions £350 £300 Chip and PIN deployment £250 £200 £150 £100 £50 £0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Phone, internet and mail order Counterfeit Lost or stolen cards Card ID theft
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