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Strathprints makes available Open Access scholarly outputs by the Department of Accounting & Finance at Strathclyde. Particular research specialisms include financial risk management and investment strategies.

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Trends in smartcard fraud

Burns, Susan and Weir, George (2008) Trends in smartcard fraud. In: Proceedings of the 4th International Conference on Global E-Security. Communications in Computer and Information Science . Springer-Verlag. ISBN 978-3-540-69403-8

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Abstract

The introduction of smartcard technologies has reduced the incidence of card fraud in the UK, but there are still significant losses from fraudulent card use. In this paper we detail the context of smartcard introduction and describe the types of fraud that remain a threat to cardholders and other stakeholders in the card system. We conclude with a risk analysis from the cardholder’s perspective and recommend greater cardholder awareness of such risks.