Fraudsters use Apple Pay to exploit stolen payment card data

Man, those Big Bad Fraudsters sure are wily.

Despite Apple’s gallant efforts to ensure that your payment information remains secure when you employ Apple Pay to purchase all of your hearts’ desires with your iPhone, criminals apparently found another crafty way to exploit the new-ish mobile payments system.

iPhone-toting villains are apparently adding stolen payment card information to their phones so that it can be used in stores to make purchases. Ironically enough, many of those fraudulent Apple Pay purchases were reportedly made in Apple’s own stores. Ouch. 

[Related: 4 Security Tips for Apple Pay Users]

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Story added 5. March 2015, content source with full text you can find at link above.