Pay Pal fraud (1 Viewer)

[injebreck99]

It has been reported that a 22 year old man fron the UK has been arrested on December 30th for fraud, concerning stealing money from peoples accounts, he has been released on bail, if he had been a banker, he probably would have got a nice fat Xmas bonus, then he could have bought himself a nice holiday cottage in North Norfolk with it, same as many others have done.

 

[Badknee]

eBay and pay pal need to sort their security out as do Sony etc etc. it was on a program I was watching that computer fraud is taking over drugs and prostitution as the main "business" of organised gangs both at home and abroad.

 

[GJH]

More of a problem than hacking eBay and PayPal accounts is the lack of security employed by the credit and debit card issuing companies.

Whilst they continue to allow card holder not present transactions to be processed with nothing more than the 16 digit number on the front of the card being provided the thieves will find it easy. It is simply not good enough for The Payments Council and The UK Cards Association to use the cop out that "Ultimately it is a decision for the retailer to take on a case by case basis, as they are in the best position to do so".

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