Credit Cards threat to National Security.

Credit Cards and Terrorists
By Dennis Lormel
counterterrorism Blog
As Imam Samudra sits on death row in Indonesia nearing his execution date for masterminding the Bali Nightclub Bombings in 2002, we should remember him not just as a murderous terrorist but also as a technology savvy computer expert. It's in that latter role we should be concerned about his legacy. He is a poster child for the epidemic credit fraud terrorists confront us with. The magnitude of this problem was reinforced by Younes Tsouli, also known as (aka) Irhabi or Terrorist 007,and his two associates, Waseem Mughal and Tariq Al-Daour. These three al-Qaeda linked individuals pled guilty in the United Kingdom (U.K.) on July 2, 2007, to inciting terrorist murder via the internet. Like Samudra, they did not merely use the internet as a terrorist propaganda, communications and recruitment tool; they masterfully used it as a mechanism to perfect their cyber fraud skills. We should be extremely concerned by this. It is a threat to our National Security.
SOURCE: MORE.By Dennis Lormel, CounterTerrorism blog


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80% of CC fraud could be stopped tomorrow if the CC companys and credit agencys want to stop it.


Life lock

Has a product that guarantees to stop ID theft.
The technology is available but in narrow use, and it works.
A source of terrorism financing.

So the technology to stop ID thefr is available.

And the credit card cos. and credit agencys don't use it.
Because it would cut into their profits.

Credit card company's profit from ID theft.

Time to reign in the lobbyists.

Time for them to join the anti-terrorism band wagon.

THEY SIMPLY NOTIFY OWNERS OF UNSUAL CHARGES, OR LARGE CHARGES.
THE OWNER DRIVES A BILL BOARD AROUND WITH HIS SOCIAL SECURITY # ON IT.

THIS SHOULD BE DONE FOR FREE, ON A MASS BASIS FOR ALL CUSTOMERS.
I THINK THE CC COS. MAKE A PROFIT ON FRAUD, AND ARE RELUCTANT TO CUT A PROFIT CENTER.


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Awhile back we ran into 400 American Express CC for sale, with some free cards and info , we quickly notified owners and American Express, their security offices in Chicage and NY, neither were interested. Do they make a profit from stolen cards?

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