It's not just customers who are affected by fraud on the Internet - and now e-commerce merchants are able to insure themselves against credit card crime
Exactly how has the dastardly business of fraud benefitted from the rise of the Internet? Just ask the Electronic Enforcements Unit (EEU) of Australian securities watchdog ASIC, which has some interesting - but scary - stories to tell.
Online fraudsters are getting smarter and the current round of "phishing scams" may just be the start, according Australian High Tech Crime Centre (AHTCC) head Alastair MacGibbon.
Fear of having their credit-card data stolen keeps many Internet users from making a purchase online. Are smart cards the answer?
In the last seven days, online computer hardware retailer Mattatech has been to the brink of bankruptcy due to credit card fraud, and is keen to share its experience to help other companies in the same boat.
Eighteen months after the Federal Government severed an important lifeline for innovative Australian start-ups, a new $196 million program has been announced to help fill the Australian funding void. But will it really help?
Online fraudsters are getting smarter and the current round of "phishing scams" may just be the start, according Australian High Tech Crime Centre (AHTCC) head Alastair MacGibbon.
A report released Monday by VeriSign, the company that maintains the Internet's .com and .net domain registry, indicates that attempted site hacks, online fraud and identity theft are growing rapidly, as e-commerce proliferates.
The footage Four Corners displayed of a suspected Melbourne fraudster's house and technology during a police raid last week hardly fits the profile of a master fraudster.
Spammers and online fraudsters are exploiting Web site features to learn more about their victims and better hone their attacks.
We need to get the facts straight about identity theft and the Internet and stop scaring consumers away from the antidote to a US$47 billion national problem in the U.S.
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