In the last year, Moira Cannon became a fraud magnet. She was hacked four times: once through Paypal, once through her grocery store, and twice through online shopping.
“It was such a pain in the butt,” she said. “You have to track down what’s going on, you’re on the phone with your bank. Then you’re out that money until you can recover it, and you have to wait for a new card. It’s very annoying.”
Banks, retailers and credit card issuers hope that Cannon won’t be put through that rigamarole ever again. On Oct. 1, we’re becoming a chip nation.