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Home News Catch-Up ATM Fraud Mass network compromise cause of most online fraud - ITworld.com
Mass network compromise cause of most online fraud - ITworld.com
Tuesday, 12 May 2009 09:11

Mass network compromise cause of most online fraud
ITworld.com, MA
In addition, more than 73% of the financial institutions indicated they had no technology in place to stop fraudulent transaction in real time. The amount of losses in 2008 due to ATM fraud cited by institutions ranged from $744321 to $12 million.

 

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