When it happens online, apparently. This article reminded me of 2 meetings I’ve had recently. A fashion brand which is seeing enormous attempted fraud on its website showed me a spreadsheet, each row of which represented a fraud or attempt at fraud. There were thousands of rows for one month, and most were from addresses in the UK. Will the police do anything to address these cases? I’m sure every online retailer experiences the same things, and they’re essentially on their own as far as the government and police are concerned, which is why companies like Third Man and Cybersource are so valuable to them.
The second conversation was with the website manager at a retailer about the factory outlet in the building next to his office. Someone ran out with a pair of trainers a few days before our meeting, and there were security guards, dogs, he was stopped and apprehended at a barbed-wire fence, and arrested when the police arrived. The trainers were worth £14.99…
So physical crime is definitely getting priority at the moment, yet the value of online crime seems to be so much greater. Are the police (and the government) lagging behind everyone else? Criminals are channel-shifting, just like the rest of us.
One Comment
http://www.theregister.co.uk/2008/02/11/spanish_police_fraud_crackdown/ It seems the Spanish police are taking an interest in Internet fraud. Maybe that’s why so much of it is happening in the UK.
Post a Comment