Which of the following statements is true about credit-card fraud?
A) Because of high-tech security, credit-card fraud online occurs less frequently than through mail-order catalogs.
B) Traditional storefront retailers have the worst problems with credit card fraud because most allow you to swipe the credit card yourself.
C) Credit-card fraud is not a major issue for consumers who shop online.
D) Credit-card fraud is a major issue for businesses and consumers.
E) Credit-card fraud is 100 percent preventable through increased security measures, but companies have not used resources to prevent this type of fraud.
Correct Answer:
Verified
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