Читать книгу Non-financial Risk Management in the Financial Industry - Группа авторов - Страница 40

According to Cornell Law School, “Credit card fraud is a form of identity theft that involves an unauthorized taking of another’s credit card information for the purpose of charging purchases to the account or removing funds from it.”[65] The resulting risk is the risk of illegal use by a third party of a stolen or fake debit/credit card and the corresponding losses faced by the bank.