Smartcards 'pushing credit card crime to Australia'

Wednesday, 19 March 2003, 3:36 PM EST

The Australian Institute of Criminology (AIC) has raised the spectre of Australia becoming a haven for credit card criminals, in its latest research on electronic crime.

According the institute's latest research on e-crime displacement trends, Australia is in danger of becoming a hot-spot for magnetic-stripe card fraud, attracting criminals from locations such as Europe and other markets in the Asia-Pacific where take-up rates of cards with more sophisticated security protection features are higher.

Visa Australia, which is seeking to integrate its contact-less chip credit cards with smart card-based state public transport mass ticketing facilities, said Australia was in danger of becoming a main point of card fraud in the Asia Pacific region.

[ Read more ]





Spotlight

The CSO perspective on healthcare security and compliance

Posted on 20 May 2013.  |  Randall Gamby is the CSO of the Medicaid Information Service Center of New York. In this interview he discusses healthcare security and compliance challenges and offers a variety of tips.


Daily digest

By subscribing to our early morning news update, you will receive a daily digest of the latest security news published on Help Net Security.
  

Weekly newsletter

With over 500 issues so far, reading our newsletter every Monday morning will keep you up-to-date with security risks out there.
  

 
DON'T
MISS

Tue, May 21st
    COPYRIGHT 1998-2013 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //