The White House is separately on board with technological solutions for online fraud.
And what about the technologies eBay has developed to combat online fraud?
Chinese police have arrested 36 people connected with operating an online fraud on Alibaba.com and other websites, the company has said.
California federal judge Marilyn Patel put it best in a decision rejecting a patent on a method for sniffing out online fraud.
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"The concern about online fraud is greater than the problem, " says R.
What we found when we were running Jajah is that even though telecommunications is a commodity it is wide open to online fraud.
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The banking industry says that the amount of online banking fraud is also being driven down by increased security measures.
Accenture conducted an online consumer fraud survey in mid-2012.
Based in Sunnyvale, California, IronKey helps prevent fraud in online, mobile and cloud-related applications and devices.
State regulators already have taken or considered enforcement action against a handful of companies for allegedly exploiting online fundraising to commit fraud or simply jumping the gun on the planned rules changes.
Perhaps surprisingly, respondents have had largely positive experiences with their bankers or card providers when they have been fraud victims, and they say they do not change their online banking behavior once they have been a fraud victim.
From 2000 through 2002 AOL committed fraud to boost its online advertising revenue and deflect attention from a business slow-down.
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Avivah Litan, an analyst with GartnerGroup, a consultancy, says online businesses encounter credit-card fraud 12 times more often than offline merchants.
The category of cyber crime includes fraudulent online shopping activity, computer software service fraud, computer misuse crime, offences linked to computer viruses and spyware and computer hacking.
Davis recently married Chad Elie the day after he was arrested and charged with conspiring to commit bank fraud by processing payments for online poker firms.
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The most-reported category of fraud in January was connected to online shopping and auctions.
For StubHub, the industry leader among online third party brokers, the spike in fraud in the paperless age was noticable.
But the axe really fell on the online players a few weeks ago when the FBI and Justice Department arrested 11 online poker executives in a money laundering and fraud investigation and shut down three of the biggest sites operating in this country: Full Tilt Poker, Poker Stars and Absolut Poker, responsible by most reports for around 95% of domestic wagering.
In fact, the site is currently not accepting payments since detecting a high level of credit card fraud in those attempting to purchase tickets online using fake credit cards.
Furthermore, banking online with paperless statements and instant updates actually can thwart fraud or catch it sooner.
After downloading millions of academic papers from the online service JSTOR, Swartz was prosecuted under the Computer Fraud and Abuse Act (CFAA) and faced up to 35 years in prison.
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But as more and more private consumer information is kept online, criminals are increasingly turning to the more serious fraud of identity theft, using consumer data to assume another person's identity and take out new credit cards or loans.
This week she announced that her bureau is aggregating Internet auction fraud complaints from state officials, consumer groups and online auctions such as eBay (EBAY) into a massive database for exclusive use by law enforcement.
Employee abuse of company computers ranging from online game-playing and shopping to intellectual-property theft and fraud can make a big dent in a small company's bottom line.
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Online banking is growing by 40 percent annually according to company officials and most fraud is now committed by international crime organizations.
In April Daniel Tzvetkoff, the Australian owner of another payment processor used by online gaming firms, was arrested in Las Vegas and charged by federal prosecutors of bank fraud and money laundering.
John Fund, a noted conservative columnists and author, took to the pages of the National Review Online to write about an investigation underway in Cincinnati, Ohio looking into potential voter fraud on the part of 19 Hamilton County, Ohio residents during the 2012 presidential election an investigation that has yet to lead to so much as one indictment or trial of an accused.
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If you receive a fraudulent online request for donations to relief efforts for Japan, report it to the National Center for Disaster Fraud, visit fraud.org, or call 866-720-5721.
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The joining of malicious financial and identity fraud malware, Anonymous hacktivism objectives, and Anonymous supporter deception is a dangerous development for the online world.
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