The Olympics bring a range of fraud opportunities because of the following vulnerabilities: high volume of transactions, a large number of visitors from around the world, and the perceived relaxation of border controls. In addition, Australia has a number of unique vulnerabilities that enhance the risks associated with credit card fraud. These include a substantial economic downturn in the region, the multicultural nature of the population, the perceived affluence of the Australian economy, the existence of establish criminal networks in Sydney, and the country's proximity to the credit card counterfeiting centers in Southeast Asia. The fraud activities that are organized, well-executed, and conducted on a large scale pose the greatest threat. The fraud methods most likely to be used during the Sydney Olympics are credit card counterfeiting, false applications/identity theft, and lost/stolen credit cards. Some risk-management strategies for countering such fraud are increased intelligence sharing and fraud monitoring; the education of merchants, cardholders, and sales staff in prevention tactics; enhanced credit card fraud legislation; and the use of technology to develop a new system of obtaining credit card information and identification.