|
|
|
|
|
|
|
|
|
|
|
|
| home | help | back | first | fref | pref | prev | next | nref | lref | last | post |
X-Original-To: cryptography@metzdowd.com X-Original-To: cryptography@metzdowd.com To: Dan Kaminsky <dan@doxpara.com> Cc: Edgar Danielyan <e.danielyan@gmail.com>, cryptography@metzdowd.com From: "Perry E. Metzger" <perry@piermont.com> Date: Fri, 08 Jul 2005 13:16:13 -0400 In-Reply-To: <42CEB302.9070407@doxpara.com> (Dan Kaminsky's message of "Fri, 08 Jul 2005 10:08:18 -0700") Dan Kaminsky <dan@doxpara.com> writes: > Credit card fraud has gone *down* since 1992, and is actually falling: > > 1992: $2.6B > 2003: $882M > 2004: $788M > > We're on the order of 4.7 cents on the $100. > > http://www.businessweek.com/technology/content/jun2005/tc20050621_3238_tc024.htm > > If it's any consolation, I was rather surprised myself. I seem to have gotten that one drastically wrong. Thanks for the more accurate figures. A back of the envelope calculation makes me think that it is still more than enough money to provide a good incentive for a change in systems, though, especially when the cost of the anti-fraud measures needed at every part of the system are taken in to account. Perry --------------------------------------------------------------------- The Cryptography Mailing List Unsubscribe by sending "unsubscribe cryptography" to majordomo@metzdowd.com
|
|
|
|
|
|
|
|
|
|
|
|
| home | help | back | first | fref | pref | prev | next | nref | lref | last | post |