Is your bank giving away phone service. (private branch exchange fraud)
Private branch exchange (PBX) fraud costs banks as much as $200,000 per week. The loss to businesses for the unauthorized use of telephone service is estimated to be $4 billion annually according to a report by the Department of Commerce. PBX fraud liability remains an unanswered question, and even...
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Veröffentlicht in: | ABA banking journal 1993-02, Vol.85 (2), p.72 |
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Format: | Magazinearticle |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | Private branch exchange (PBX) fraud costs banks as much as $200,000 per week. The loss to businesses for the unauthorized use of telephone service is estimated to be $4 billion annually according to a report by the Department of Commerce. PBX fraud liability remains an unanswered question, and even though a number of cases have been ruled on by federal district courts, no precedents have yet emerged. Methods to reduce the risk of PBX fraud are included. |
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ISSN: | 0194-5947 2161-5101 |