Harshad - Economic offenses through Credit Card Frauds Dissected - ClubHack2008
•Als PPS, PDF herunterladen•
1 gefällt mir•5,180 views
![Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Empfohlen
Empfohlen
Weitere ähnliche Inhalte
Was ist angesagt?
Was ist angesagt? (20)
Andere mochten auch
Ähnlich wie Harshad - Economic offenses through Credit Card Frauds Dissected - ClubHack2008
Ähnlich wie Harshad - Economic offenses through Credit Card Frauds Dissected - ClubHack2008 (20)
Mehr von ClubHack
Mehr von ClubHack (20)
Kürzlich hochgeladen
Kürzlich hochgeladen (20)
Harshad - Economic offenses through Credit Card Frauds Dissected - ClubHack2008
- 1. ECONOMIC OFFENCES USING CREDIT CARDS Harshad S. Patil, B.Tech. (I.T.)(V.J.T.I.), PG.Dip. Cyber Crime Management 6/12/08
- 5. Causes of Fraud Rationalization Incentive Opportunity
- 9. Why is CCF more damaging and disastrous than most of the other types?
- 10. CCF break up as per types http://www.popcenter.org/problems/credit_card_fraud/images/piechart.gif
- 11. Stats in Canada Data source: Statistics Canada, Canadian Centre for Justice Statistics,
- 12. Stats in US Source: http://www.stargatesemiconductor.com/9003460290/CreditCardFraud.bmp
- 13. Stats in UK Fig Courtesy:KPMG
- 18. Credit card (Rear Side)
- 29. A Fake Security Checkup
- 37. 801 POS DATA LOGGER
- 43. Fraud prevention techniques Tactical Guidelines Enterprises selling online should: • Assess their risk exposure to online credit card fraud based on their own experiences and on the types of goods and services they sell. • Implement internal rules and procedures that can identify many potential frauds. • Consider using fraud-prevention products and services to assess each transaction attempt if the risk of fraud is significant.
- 47. Credit Card Fraud Detection Techniques
- 55. Fraudlabs 1
- 56. Fraudlabs 2
- 57. Fraudlabs 3
- 59. Difference between normal and Chip n Pin Method
- 62. Deploy a Spam and Malware Catchers
- 63. 1,333 Intruders Caught in one Week
- 67. Credit Card Fraud Cases
- 78. Why people don’t report credit card frauds
- 85. Future!....If no proactive steps taken Courtesy: (Niculae Asciu)
- 86. Videos of credit card frauds tools
- 88. Thanks!
Hinweis der Redaktion
- As per ABC Analysis of management principle, it needs to be focussed Gain effort
- Have you ever eaten at a restaurant, paid with a credit card, and forgotten to get your copy of the credit card receipt? Did you know that many of these receipts have your credit card number printed right there for anyone to see (and use)? And, if you've signed them, your signature is also right there for someone to carefully copy. This can lead to the most simple form of identity theft. With this bit of information, some unscrupulous person can be well on his way to making purchases either by phone or on the Internet using your credit card number. All they have to have, in most cases, is your mailing address, which can be looked up in a phone book or easily found on the Internet.It can happen when your pre-approved credit card offers fall into the wrong hands. All a person has to do is get these out of your mailbox (or trash can) and mail them in with a change of address request and start spending. Someone can even apply for a credit card in your name if they have the right information. You won't know a thing about it until the credit card company tracks you down and demands payment for the purchases "you" have a racked up. Now, think about the types of information you have to provide in order to get a credit card or a loan or lease a car. There is very little additional information that is needed in order to get that loan. It would not have been that difficult to "create" loan documents using someone else's bank account numbers and other personal information. That's a scary thought! Imagine finding out that someone had gotten a mortgage in your name. Clearing that up with the bank and getting it off of your credit history would be quite a battle. You are left with the time-consuming task of repairing your credit and getting your finances back on track.
- The percentage that each type of credit card fraud represents is described below: · Counterfeit credit card: Makes up for 37% of all funds lost through credit card frauds. To make fake cards criminals use the newest technology to “skim” information contained on magnetic stripes of cards and to pass security features such as holograms. · Lost or Stolen Cards: Cards stolen from their cardholders or lost by them account for 23% of all card frauds. Often, cards are stolen from the workplace, gym, and unattended vehicles. · No-Card Fraud: Comprises 10% of all the losses and is completed without the physical card in hand. This can happen by giving your credit card information on the phone to shady telemarketers and deceptive Internet sites that are promoting the sales of their non-existent goods and services. · Non-Receipt Fraud: Is responsible for 7% of all losses. It occurs when new or replaced cards mailed by your card company are stolen during the process of being mailed. However, this type of fraud is on the decline with the card-activation process that most companies use. In 1992, non-receipt fraud represented16 % of the losses. · Identity-Theft Fraud: Accounts for 4% of all losses, and occurs when criminals apply for a card using someone else’ identity and information.
- For example: PriceWaterhouseCoopers has set up a Cybercrime Prevention and Response Practice Team.
- BIN Bank Identification Number: The first 6 digits of a credit card number is known as the Bank Identification Number (BIN). These identify the institution that issued the card to the card holder. 20 (Airlines) 34 (American Express) 36 (Diners Club International) 37 (American Express) 40-9: VISA 51-55: MasterCard 65 (Discover Card)
- Cognizable: PI is duty bound to take action, failing which he is criminally liable under PCA 1988 sec 13-D i.e. criminal misconduct of Public servant punishable for 7 yrs RI