Official statistics released last Friday show that Australian online credit-card fraud was significantly higher in 2008 than in the 2007.
Overall credit and charge card fraud increased to a rate of 53.2cents in every $1000, up from 44.7cents in 2007.
Most of this is believed to involve online credit-card fraud.
But the publicly published statistics don't break down the figures into separate online and other categories.
So calculation of how much Australian online card fraud has increased is not possible in these figures alone.
However the statement issued by the Australian Payments Clearing Association (APCA) along with the statistics clearly points the finger of blame online.
"The increases in Australia's credit and charge card fraud were driven by increases in Card-not-present fraud and Counterfeit/Skimming, which continued to trend upward in 2008."
APCA CEO, Chris Hamilton, said that the industry is taking steps to address the problem by implementing initiatives such as the Payment Card Industry Data Security Standard (PCIDSS).
And he said that banks and card companies are helping by giving online consumers additional security passwords under MasterCard's SecureCode and the Verified by Visa.
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