BankInfoSecurity.com Webinar: Fighting Fraud Schemes -- Education, Response and Defense

Princeton, NJ, July 22, 2007 --(PR.com)-- In today’s world financial institutions and their customers are under increasing attacks by criminal elements attempting to obtain financial information to conduct identity theft, account takeovers, ATM fraud, Debit and Credit Card fraud, and numerous other types of check fraud and electronic crimes. FBI statistics reported in Wired Magazine in 7/2006 reveal that 71% of all online fraud originated from within the U.S. in 2005.

Average losses to the most common online scams were: Nigerian Letter - $5,000; Check Fraud - $3,800; Confidence Scams- $2,025; Investment - $2,000; Non-Delivery of Merchandise - $410; Auction - $385; Credit/Debit Card - $240. In Contrast the average loss to a bank robbery is approximately $2,400, with a 75 to 85 percent apprehension rate. Internet based and Identity theft crimes have approximately a 6 percent apprehension rate for those criminals.

This webinar presented by BankInfoSecurity.com on July 26 will describe many of the current financial scams that are circulating in our society right now, and will offer proactive defenses to prevent consumers and employers from falling victim to these scams, and what rights and resources are available should you become a victim of these type of crimes.

Among the types of frauds and scams that will be discussed are Phishing, Lottery scams, Work from Home scams, ATM and Credit Card Skimming, Counterfeit Check Schemes, Auction Fraud Scams, and Social Engineering methods used by scammers.

With the onslaught of these types of crimes and the ever changing world of technology, criminals are increasingly attacking the human factor which is probably the weakest link in the chain. The best defense against these crimes is consumer education so that these scams can be recognized and avoided.

For more information on this webinar go to:
http://www.bankinfosecurity.com/webinarsDetails.php?webinarID=40&tab=4

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