Re: UKNM: Credit card fraud

[Steve Johnston]

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

IMRG



*********** 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.

>

>Cheers

>

>Chas

>

>-- 

>Charles Linn

>Web Producer

>Friends of the Earth

>

>http://www.foe.co.uk


Steve Johnston

Director of Development

IMRG (Interactive Media in Retail Group)


http://www.imrg.org/

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