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How bad would it be to decline a legitimate transaction?
First, it helps to understand a legitimate transaction involving text messages.
Salon is one of the first companies to harness remote mining in a legitimate transaction.
Higher education for overseas students is a legitimate transaction, selling a fantastic British service.
But if they deny a legitimate transaction, they lose the fee from that purchase and anger the customer.
In this fraud, perpetrators hacked the existing vendors' email accounts and inserted illegitimate requests for payments (and payment processing details) into electronic communications for otherwise legitimate transaction requests.
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They want to allow legitimate transactions and decline fraud.
Amid hundreds of legitimate transactions, a dubious trade was also hard to spot.
Finally comes "integration," the use of seemingly legitimate transactions to hide ill-gotten gains.
This allows the intermediaries to hide illegal, late trades amid legitimate transactions.
Insiders who do not use trading plans, he said, can still engage in legitimate transactions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com