Mass Network Compromise Cause of Most Online Fraud - PC World
May 12, 2009
Mass compromise of merchant networks and card processors is viewed as the main cause of payment-card fraud, according to a survey of 113 financial services firms, which was published Tuesday.
In contrast, online attacks -- such as phishing -- are seen as a far less-significant cause of card fraud by the survey's respondents, who are management executives and antifraud or security managers at financial institutions in the United States, Europe and Asia...
Mass compromise of merchant networks and card processors is viewed as the main cause of payment-card fraud, according to a survey of 113 financial services firms, which was published Tuesday.
In contrast, online attacks -- such as phishing -- are seen as a far less-significant cause of card fraud by the survey's respondents, who are management executives and antifraud or security managers at financial institutions in the United States, Europe and Asia...
posted by Connect Ohio at
11:54 AM
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