19 Feb
2008
19 Feb
'08
5:06 a.m.
On Tue, Feb 19, 2008, Iljitsch van Beijnum wrote:
On 19 feb 2008, at 7:27, Paul Ferguson wrote:
According to the FTC, total consumer fraud losses totaled $1.2 billion, with the average monetary loss for an individual at $349.
Credit card fraud was the most common form of reported identity theft at 23 percent,
In many countries in Europe, people pay with debit cards that have a PIN number. You need to both copy the magnetic strip on the card and obtain the PIN to get at someone's money. And that's 1990s, if not 1980s, technology.
And defrauding that is now a bulk produced scam - companies in .asia mass-producing bar scanning and key input devices customised for various ATM models. Adrian