EC3 Supports 18-Month EU-Funded “Project Sandpiper” to Stop Payment Card Fraud in Its Tracks The latest statistics published by the European Central Bank reveal that card-not-present (CNP) fraud is on the rise accounting for 60% of all fraud losses on cards issued in the European Union. To address the problem, Europol’s European Cybercrime Centre (EC3) has launched several investigations. Project Sandpiper Initiated by UK authorities and supported by Europol’s European Cybercrime Centre (EC3), Project Sandpiper took out after the bad guys. The score after eighteen…
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