[17733] in cryptography@c2.net mail archive

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Re: EMV [was: Re: Why Blockbuster looks at your ID.]

daemon@ATHENA.MIT.EDU (Victor Duchovni)
Sat Jul 9 13:26:17 2005

X-Original-To: cryptography@metzdowd.com
X-Original-To: cryptography@metzdowd.com
Date: Sat, 9 Jul 2005 11:19:10 -0400
From: Victor Duchovni <Victor.Duchovni@MorganStanley.com>
To: cryptography@metzdowd.com
Mail-Followup-To: cryptography@metzdowd.com
In-Reply-To: <37214.207.236.193.195.1120852110.squirrel@mail.okiok.com>

On Fri, Jul 08, 2005 at 03:48:30PM -0400, astiglic@okiok.com wrote:

> > We're on the order of 4.7 cents on the $100.
> 
> 
> Interesting statistics.
> Seems like it's the same thing in Canada
> http://www.rcmp.ca/scams/ccandpc_e.htm
> Reported $227M in credit card fraud in 1999, droped at $200M in 2003.
> 

Whose loses do these numbers measure?

	- Issuer Bank?

	- Merchant?

	- Consumer?

	- Total?

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