Chapter 2 Introduction to Fraud, ID Theft and Regulatory Mandates
Credit card fraud and identity theft are both epic problems that continue to grow each year. Certainly, credit card fraud and identity theft pre-date the age of the Internet. It is an ironic fact that the things that make your life easier, improve efficiency, and make things more convenient, also make crime easier, efficient, and more convenient.
Criminals have gone high-tech and they have discovered that there is a significant amount of money to be acquired with very little risk. Hacking a company database or orchestrating a phishing attack while sitting in your pajamas eating chocolate ...
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