Valued Contributor
bs6054
Posts: 1,673
Registered: ‎11-11-2012
Re: Contacted/declined for susceptible fraud?

chan85:  little off-topic, but found this figure for the UK, do you have an equivalent US figure (couldn't find it!)

 

Card fraud losses as a proportion of the amount we spent on our cards decreases – from 0.066% during January to June 2011 to 0.063% during the first half of this year

According to The UK Cards Association, total fraud losses on UK cards totalled £185.0 million between January and June 2012. This is a 9 per cent increase on losses in the first half of last year (£169.8 million), but represents a fall of 39% from the total of £304.2 million in the first half of 2008 when fraud was at its peak.

 

Figures suggest fraudsters bypassing security safeguards by duping consumers into handing over their own details

 

http://www.theukcardsassociation.org.uk/wm_documents/2012%20half-year%20fraud%20figs%20press%20relea...


So, you have all the tech, but if a customer can be fooled......!