Online fraud special report

Tuesday, 14 May 2002, 6:50 PM EST

The resulting frustration for investigators, companies and consumer victims raises a question that has persisted for years: Why are hackers able to elude capture so easily? The answer, according to security analysts and fraud investigators, is that the Internet has bred an elite class of criminals who are organized, well funded and far more technologically sophisticated than most law enforcement officials.

Fraud cost e-tailers $700 million in lost merchandise last year, says Avivah Litan, a financial analyst for research firm Gartner. Some large Internet retailers have software that screens transactions and refuses to sell to customers who appear suspicious. Litan estimates that this costs Web stores between 5 percent and 8 percent of sales.

[ Read more ]




Spotlight

The role of the cloud in the modern security architecture

Posted on 31 July 2014.  |  Stephen Pao, General Manager, Security Business at Barracuda Networks, offers advice to CISOs concerned about moving the secure storage of their documents into the cloud and discusses how the cloud shaping the modern security architecture.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Fri, Aug 1st
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //