Posts tagged with Credit Card Fraud

Hackers turn iTunes into iFraud

Recently, authorities in the United States uncovered a scam in which criminals stole millions of dollars by making small charges to stolen credit cards. The average charge ranged from as little as 25 cents to no more than $9, which explains why 94% of the victims never noticed the charges.

If complaints that surfaced this past weekend are any indication, scammers with a similar model have set their sights on one of the world's most popular service for buying digital content: iTunes/the App Store.

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Can a new credit card defeat online card fraud?

Make no doubt about it: the criminals are winning the war when it comes to online fraud. This is one fight that isn't even close.

From credit cards to identities, theft and fraud on the internet has been a boon to criminals of all shapes and sizes.

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