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Fraudsters steal online 6 cents out of every $ 100

July 11 2005
12:31


The most frequent type of fraud in 2004 became the fake credit cards. This type of crime was almost 47% of the total number of registered thefts. The case of the use of stolen or lost cards accounted for about 29%, according to Bankir.ru

In the future, Visa plans to move the company from using credit cards to magnetic cards with embedded chips that allegedly seriously hamper the activities of fraudsters.

Such chip cards have already been successfully used by French companies since 1990 is quite possible in the coming years and the rest of the country will begin migrating to this type of cards as a much more secure from theft.

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