--- begin forwarded text X-Sender: oldbear@pop.tiac.net Date: Thu, 24 Apr 1997 19:06:41 -0400 To: Digital Commerce Society of Boston <dcsb@ai.mit.edu> From: The Old Bear <oldbear@arctos.com> Subject: Deloitte-Touche: Fraud and the Net Mime-Version: 1.0 Sender: bounce-dcsb@ai.mit.edu Precedence: bulk Reply-To: The Old Bear <oldbear@arctos.com> FRAUD AND THE NET A Deloitte & Touche report commissioned by the European Union says that cross-border fraud involving Internet abuse, banking and investment frauds, and smuggling is costing society $77 billion a year. The report suggests that perhaps the largest single threat comes from fraud through the Internet, because encryption technology remains vulnerable to sophisticated computer vandals. source: Financial Times April 24, 1997 Anyone have a pointer to the full report or a more detailed abstract? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To unsubscribe from the dcsb list, send a letter to: Majordomo@ai.mit.edu In the body of the message, write: unsubscribe dcsb Or, to subscribe, write: subscribe dcsb If you have questions, write to me at Owner-DCSB@ai.mit.edu --- end forwarded text ----------------- Robert Hettinga (rah@shipwright.com), Philodox e$, 44 Farquhar Street, Boston, MA 02131 USA "...Wells Fargo's on-line banking sucks dead gerbils through a dirty garden hose." -- Eric Murray The e$ Home Page: http://www.shipwright.com/