ABSTRACT

This chapter discusses the attacks against credit cards according to the various types of attacks. The credit card has been attacked or used illegally in many ways since its inception. The bank cards are defined as being access devices issued by a member financial or like institution to their customers to encourage electronic banking or related transactions, thus allowing such transactions to be available to customers 24 hours a day without the need for person-to-person contact. Any access device that is changed in any way to change the appearance or electronic information contained within the device is said to be altered. Mail theft occurs when financial documents or any access devices are mailed via the Postal Service to their lawfully intended customer and they are stolen in the mail stream. White plastic is the virgin product (plastic card) used to screen or counterfeit an access device.