Europol: Third Strategic Meeting on Payment Card Fraud

22 December 2016

The Third Strategic Meeting on Payment Card Fraud (PCF) was held in Bangkok Thailand on the 13th and 14th of December 2016. The event was hosted by the Electronic Transaction Development Agency (public organisation) and the Ministry of Digital Economy and Society.

Thirty law enforcement officers from four EU Member States (Austria, France, Greece, and Romania) and their ASEAN counterparts (Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Philippines, Singapore, and Thailand) participated in the two-day meeting to discuss operational achievements in the area of combating cyber fraud and to agree on the steps to follow regarding the security of non-cash means of payment.

The event focused on the exchange of expertise in the area of prevention and combating ATM/POS fraud, data compromising, ATM malware, and eCommerce fraud. A specific action plan concerning further cross-regional cooperation between European and Asian law enforcement was devised, following recent successful operations between the two parties.

During the event, experts presented new and so far unreported modus operandi detected by their investigative units and analysed cases involving European criminals that are active in Asia. The participants also agreed on operational plans for coordinated actions in the near future.