When people make purchases with CCs, it takes 7 to 10 days to recover a CC. Banks loose big time on that. Bad guys know how long it takes and make big use of stolen CCs during the 2nd to 4th day. Then sell them, down the food chain. Last one holding gets the cop. Now a Cell Phone CC is different. It takes 10 min. to shut down the CC feature, leaving someone with just a cell phone. No number and no PIN. What's in your wallat? I mean cell phone?
Reader Comments (Page 1 of 1)
DrC @ Jan 9th 2007 6:25AM
When people make purchases with CCs, it takes 7 to 10 days to recover a CC. Banks loose big time on that. Bad guys know how long it takes and make big use of stolen CCs during the 2nd to 4th day. Then sell them, down the food chain. Last one holding gets the cop.
Now a Cell Phone CC is different. It takes 10 min. to shut down the CC feature, leaving someone with just a cell phone. No number and no PIN.
What's in your wallat? I mean cell phone?