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Subject: Re: UKNM: Credit card fraud
From: Steve Johnston
Date: Thu, 25 Jun 1998 10:44:53 +0100

Nope, and I will be astonished if you manage to get any examples.

If in the unlikely event that you do, however, ask the following additional question:

"Did the consumer actually suffer a personal financial loss as a result?"

How about real examples when the transaction was insecure?

The point is that credit card details are terribly easy to come by, retailers have drawers full of counterfoils, complete with signatures, awaiting the 6 year Inland Revenue expiry before they can be dumped in the skip behind the shop - for someone else to root around for. The focus on acquiring, as opposed to getting-away-with-using, credit card information is evidence of dark forces at play, and agendas being padded. Common sense says that if as much energy was expended on managing fraudulent use rather than fraudulent acquisition the world would be a happier place.

Of course, at the IMRG we have all sorts of ideas on how to fix this....

Steve Johnston
Director of Development

*********** REPLY SEPARATOR ***********

On 24/06/98, at 14:40, Charles Linn wrote:

>Has anyone come across cases of credit card fraud in this country or abroad,
>involving intercepted secure transactions where the encryption has been
>subsequently cracked? We would like to put a statement to the effect that this
>is either very rare or non-existent, on our web site to allay people's fears as
>we percieve a lingering and unreasonable distrust of e-commerce out there. Our
>IT manager sensibly advised that if people were interested in credit card
>fraud, they would find it a damn site easier to get a job as a waiter, but I'm
>not sure that our audience would find this altogether comforting.
>Charles Linn
>Web Producer
>Friends of the Earth

Steve Johnston
Director of Development
IMRG (Interactive Media in Retail Group)

Stonecutter Court, 1 Stonecutter Street
London EC4A 4TR, UK
Tel: +44 (0)171 303 6603
Fax: +44 (0)171 303 5881
Personal No: +44 (0) 7050 6050 33

E-mail: steveatimrg [dot] org
The IMRG is the best source of commercial
advantage for retail in the 4th channel

  Re: UKNM: Credit card fraud, Alex Balfour

  UKNM: Credit card fraud, Charles Linn

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