Credit Card Fraud – Impact on Society and Reduction of Victims: A Research Case Study
Introduction
Consequently fraud have wide reaching impact, with an estimated cost of $1.1 billion to Australian society per annum (Cuganesan and Lacey 2003), excluding intangible costs, such as lost reputation and invasion of privacy. With heightened awareness of security and privacy issues, identity fraud is receiving increasing attention from business, government and individuals. Fraud occurs when someone gains access to benefits, usually financial, through the use of a false identity as credit fraud linked to identity thieves may gain access to identity information through documents in garbage, direct questioning, stealing records from their employer, or hacking into the organization’s computers and other such examples.
0 comments:
Post a Comment