What happens when debit card details are hacked?

Financial details have become a prized commodity to parts of the criminal underworld.  Despite ever more elaborate attempts to protect this data by banks there are still occasions when they can be stolen and used to take away money from bank accounts.

Purchase protection on a debit card

Purchase protection is available against some debit cards automatically, or it may be available as an optional extra.  These policies give protection against theft, damage or loss over goods that are purchased using the debit card. Purchase protection has become common on credit cards.  This is particularly the case because card providers operating in other [...]

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