A survey shows that the rate of online card fraud has increased. This makes it vital for consumers to take more care than ever of their accounts. Failing to regularly review online activity on your card could result in fraudsters spending thousands of dollars before you realize it.
The survey, by Javelin Strategy & Research, showed that over 7.5 percent of the revenue for online merchants is now attributed to fraud and its associated costs. "As the volume of e-commerce transactions increases, it becomes harder for merchants to discern between legitimate and fraudulent activity," the report stated. Fraud levels are expected to rise further, with...
from MoneyTips http://www.moneytips.com/credit-card-fraudsters-head-online/387
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