UK net card fraud ‘underestimated’

UK credit and debit card fraud on the internet is much greater than previous estimates, new figures suggest.Banking industry data shows card losses from phone, internet or mail order crime totalled £290.5m in 2007.
http://news.bbc.co.uk/2/hi/business/7362055.stmUK Internet fraud ‘up to £500m a year’ [PA]
UK credit card and debit card fraud on the internet is much greater than previous estimates, findings published today have suggested.Bank industry figures published earlier this year show “card not present” losses for internet, phone and mail order crime were £290.5m last year.
http://www.independent.co.uk/news/uk/crime/internet-fraud-up-to-pound500m-a-year-814220.html

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