How To Mitigate Holiday Cybercrime
L. Taylor - November 1, 1999

Event Summary

IDC estimates that internet commerce will reach $220 billion by year 2000. During the December 1998 holiday season, FTC numbers indicate that holiday sales tripled. As on-line transactions continue to grow, so does Cyberfraud. Acknowledging the rise in cybercrime, Republican Senator Susan Collins (Maine) states, 'Law enforcement officials are quickly learning that almost any crime that can be committed in the real world can also be committed in the virtual world. In fact, by using the Internet, criminals can target more victims more quickly, more cheaply, and with much less chance of getting caught.'..