From: Robert Hettinga <rah@shipwright.com>
Date: Fri, 25 Apr 1997 11:12:39 -0700 (PDT)
To: cypherpunks@toad.com
Subject: Deloitte-Touche: Fraud and the Net
Message-ID: <v03020932af869cbff9ee@[139.167.130.246]>
MIME-Version: 1.0
Content-Type: text/plain



--- 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/