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FraudNews
05-18-2011, 12:51 PM
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Fraudsters Nab $1.4 Billion from Airlines (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNESO3h5RCzTeAYRza_lrqmPTTDQ6g&url=http://www.sacbee.com/2011/05/18/3635584/fraudsters-nab-14-billion-from.html)
Sacramento Bee
Airlines reported a loss of about $1.4 billion USD to online payment fraud in 2010. Dr. Akif Khan, CyberSource&#39;s Director, Products and Services said: "The good news is that in terms of fraud loss rates, 2010 results showed a 31 percent improvement ...

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