Deloitte-Touche: Fraud and the Net

[Robert Hettinga]

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Date: Thu, 24 Apr 1997 19:06:41 -0400
To: Digital Commerce Society of Boston <dcsb at ai.mit.edu>
From: The Old Bear <oldbear at arctos.com>
Subject: Deloitte-Touche: Fraud and the Net
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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?

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-----------------
Robert Hettinga (rah at 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/