Credit Card fraud gets simple
Adam Shostack
adam at homeport.org
Sun Jul 13 19:56:43 PDT 2003
On Fri, Jul 11, 2003 at 11:44:23AM -0500, Smith, Michael J. wrote:
| Abstract: Credit card theft is now automated via irc bots, even the CVV2.
|
| http://www.honeynet.org/papers/profiles/cc-fraud.pdf
This is unsuprising. The interesting question is how much of the cost
will consumers eat vs merchants? Will 3DSET, where you authenticate
to your bank, catch on, or be seen as too annoying? What, if
anything, is poised to replace credit cards?
Adam
--
"It is seldom that liberty of any kind is lost all at once."
-Hume
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