As I stated in an earlier post: Yesterday it was a lot safer to enter (type) your card number into a box at an Internet Retailer's checkout cart. Today, not so safe...tomorrow, look out. Here's an article which articulates much of the same....Fraud has evolved and so must consumers
Fraud has evolved and so must consumers
01 July 2009 04:15:00
Fraud has evolved and so must consumers
Arm yourself with the knowledge to prevent becoming a fraud victim
Fraud is changing - and if consumers want to avoid being victims, they need to be alert in new ways.
Motivated by recession and armed with new techniques and sophistication, those who commit fraud with plastic cards are switching tactics and going international.
“Fraudsters are becoming increasingly savvy,” says Cifas, the UK's fraud prevention service. "The economic slowdown and fraud go hand in hand."
In a document titled Fraud: The Facts 2009, published this month by Apacs, the UK payments association and responsible for raising awareness of card fraud in the UK through Card Watch, were recent statistics showing how fraud trends, and the way fraud is carried out, have changed over the past 12 months.
Apacs said it had found that the methods fraudsters are using to commit their crimes are also changing.
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