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Credit Card Fraud

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Credit Card Fraud
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Credit card fraud: awareness and prevention
Katherine J. Barker, Jackie D'Amato, Paul Sheridon. Journal of Financial Crime. London: 2008. Vol. 15, Iss. 4; pg. 398
Abstract (Summary)
To make readers aware of the pervasiveness of credit card fraud and how it affects credit card companies, merchants and consumers. A range of recent publications in journals and information from internet web sites provide corroboration and details of how fraudsters are using credit cards to steal billions of dollars each year. Numerous schemes and techniques are described in addition to recommendations as to how to help control this growing type of fraud. Credit card fraud is a healthy and growing means of stealing billions of dollars from credit card companies, merchants and consumers. This paper offers current information to help understand the techniques used by fraudsters and how to avoid falling prey to them. This fraud relies on technology currently available and the easy ability to obtain machinery to steal individual identities and account information, and to produce fraudulent credit cards. Information cited is

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