Credit Card Fraud – The Fight Continues

PRLog (Press Release) - Dec 14, 2009 -
Combating credit card fraud (http://www.marcusevans-fraud.com/) is never simple. The minute security providers and financial institutions come up with a solution, the hackers and fraudsters react by finding a way to circumvent it. That's the nature of the beast.

Marcus Evans (http://www.marcusevans.com/) is a leading conference organiser who focuses on helping business leaders mitigate business risk and prevent fraud. Daniel Leu at Marcus Evans agrees. “In our experience today's senior management and executives are keener than ever to implement and maintain waterproof credit card security. There's a huge demand for strong anti-fraud measures that'll deter both internal and external fraudulent activity.”

So what are the best ways to prevent credit card fraud? For a start it is vital to keep up the momentum. Monitoring for fraud properly involves maintaining a rock solid program infrastructure. And it is essential to sustain accountability throughout your organisation.

In an uncertain global economy it is more important than ever to manage resources. You need to squeeze the best possible return on investment from your internal fraud deterrence initiatives, from back to middle to front office. It is always wise to re-evaluate your internal controls for managing and removing security gaps at sensible intervals. And intelligent fraud assessment programs can substantially reduce opportunities for internal fraud.

You can use internal fraud mitigation strategies to reduce operational costs as well as to boost your business's reputation. Think creatively about how to best manage internal fraud processes. And exchange best practices with relevant market players.

Keeping your finger on the future of internal fraud management helps you stay cutting edge. And continuous improvement results in effective ongoing credit card fraud protection. Last but never least, if you have a healthy anti-fraud infrastructure in place you'll be on the right track.  

Information for Editors

Marcus Evans employs more than 3500 people in almost 40 countries. They deliver intelligence and business products across a wide range of commercial sectors including Capital Markets, Life Sciences, Defence, Healthcare, Information technology and Legal.

•    http://www.marcusevans-fraud.com/
•    http://www.marcusevans.com/
•   danielleu@marcusevansuk.com
•   Daniel Leu
•   020 3002 3000