Identity fraud takes new twists, academic says

Most people will have heard of skimming, where the victim's card details are stolen, usually doing something legitimate. Phishing involves bogus emails purporting to be from banks or credit card companies. Vishing (voice/phishing) uses a phone or VoIP to steal identities.

The motivation?

And the motivation? Greed (40 per cent); gambling (23 per cent); financial strain – personal (21 per cent), and financial strain – business (19 per cent).