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When Cyber Fraud Gets Difficult, Criminals Revert To Old-Fashioned Schemes

07/23/2012 - 09:05
If crooks find it too difficult to penetrate fraud-prevention layers protecting online merchants, corporations or bank accounts, they revert to “old-fashioned” fraud methods aimed at easier targets.

One of those “tried-and-true” scams involves simply calling the target, pretending to be someone else and coming up with a reason for the victim to send money, says Julie Conroy McNelley, senior analyst and fraud expert with Boston-based Aite Group.
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