Just how bad is online fraud?

bonkers325

Lifer
Mar 9, 2000
13,076
1
0
Link

Just how bad is the problem of online credit card fraud? The experts seem to disagree wildly. Jupiter Communications, in a recent report called ?Over-hyped and Misunderstood: The Fraud of Online Fraud,? accused the media, other analysts and computer security firms of overexaggerating the problem. It?s only three or four times worse than real world fraud, the report said. But other analyst firms peg the number at more like 10 times worse. Meanwhile, no one can really answer the question that?s most dear to the hearts of consumers: How likely it is that your credit card will be stolen if you use it online?


jeez i never knew it was that bad
 

chiwawa626

Lifer
Aug 15, 2000
12,013
0
0
well all i know is once u get the card and fraud online, them lazy feds dont do crap about it. Also, i seem to think most news articles over exagerate stuff to get the readers ... howmany people do u actualy know who got screwed by just ordering somthing online?
 

bonkers325

Lifer
Mar 9, 2000
13,076
1
0


<< well all i know is once u get the card and fraud online, them lazy feds dont do crap about it. Also, i seem to think most news articles over exagerate stuff to get the readers ... howmany people do u actualy know who got screwed by just ordering somthing online? >>



not too many
 

nicowju

Diamond Member
Jan 30, 2001
3,880
0
76
lol maybe its the way its timestamped. Happened once tonight already. This is quite funny!
 

snakesnfrogs

Banned
Mar 1, 2001
3,411
0
0


<< But other analyst firms peg the number at more like 10 times worse. >>





that sounds about right----a guy I know(used to be best friends with him) had literally over 100 stolen CC account #'s and info on the people as well. Most of the accounts he got were from idiot AOL users.
 

compuwiz1

Admin Emeritus Elite Member
Oct 9, 1999
27,112
930
126
Here's what happened to me yesterday.

BTW, this is not isolated. I get 8-10 of these attempts per week. I'm small, but that tells me there are lots of stolen credit card numbers out there. The ones I turned in today were probably stolen, but not reported yet. :Q
 

bonkers325

Lifer
Mar 9, 2000
13,076
1
0


<< Here's what happened to me yesterday.

BTW, this is not isolated. I get 8-10 of these attempts per week. I'm small, but that tells me there are lots of stolen credit card numbers out there. The ones I turned in today were probably stolen, but not reported yet. :Q
>>



jeez steve again :p