Cyber Fraud Online: The Fraud Examiner
CYBER FRAUD: THE WORSENING THREAT Looking back at the recent history of technological innovations, the mid-1990s is generally considered the period of time during which the Internet revolutionized the way we do business. The ability to sell goods and services across vast distances and international borders with just the tap of the keyboard or a click of a mouse created almost endless opportunities for businesses large and small. With this new frontier also came new opportunities for fraud – no surprise, perhaps, in a world where fraudsters follow the money and look for the latest scheme to help them increase their haul. What some might find surprising, though, is the level to which cyber fraud/cyber crime continues to flourish today, roughly 20 years after the beginning of the Internet revolution. In fact, if many experts are correct, it is actually increasing considerably. In February, online protection firm iovation identified the top continents for online fraud duri...