Credit card fraud statistics cover worldwide losses for 1987-96, worldwide counterfeit losses for the same period, worldwide fraud losses for 1995 and 1996, worldwide counterfeit losses for 1995 and 1996, and worldwide fraud and counterfeit activity by region for 1995 and 1996. Types of credit card fraud listed are lost, stolen, "never received," counterfeit, fraudulent applications, multiple imprints, account takeover, and mail order/telephone order. Major organized criminal groups involved in credit card fraud encompass established criminal groups (West African and Asian) and emerging criminal groups (Russian, Vietnamese, Israeli, Pakistani, and computer hackers). Major organized crime credit card fraud schemes include Operation Silver Parrot (West African); Operation Plastic Dragon (Asian); Operation Remote Access (Israeli); and Operation Repayment (Vietnamese). A section on computer fraud/hackers profiles the offender, how it poses a threat to the bankcard industry, the extent to which it is organized, and significant computer hacker groups. Also outlined are MasterCard legislative efforts to counter fraud. An outline of the future of bank card fraud focuses on the evolution of fraud techniques and the resources needed for countermeasures.