The Negative Impact of Fraud Losses   The industry measures fraud losses as a percentage of sales while you charge off real dollars.    Do your gross fraud disputes exceed $3.00 per account or net fraud charge-offs exceed $2.00 per account?    Are you following the “Four Steps to Controlling Fraud Losses”? o       Understand it o       Prevent it o       Control it o       Recover it   Is your fraud experience the same on your Credit and Debit portfolios?   Are you using the same processor for both portfolios?   Do you know how to measure the effectiveness of your Processor in controlling your losses?   A review of your fraud operation or attending one of our seminars will assist you in implementing the above tracking, prevention, control and recovery steps.   We can also assist you in better understanding how to track the efforts of your processor(s).