Cybercrime: An online game of cat and mouse
Posted in: Legal, Privacy & Security at 10/10/2008 05:00
Fraudsters require anonymity to stay out of jail, but in the cat-and-mouse world of financial security the good guys often live in the shadows too.
Every credit card company employs analysts to pore over daily transactions and look for suspicious activity.
They rarely discuss their work in public, but with permission from his company and on the condition of anonymity, the top Australian security officer for one international credit card issuer agreed to explain how his team tries to stay ahead of the thieves.