Better Safe Than Hacked

While all computers are susceptible to attack, a database plump with credit card numbers invites the most shenanigans. Indeed, online retailers face threats on all sides from the hackers who try to steal those numbers to the fraudsters who buy and resell merchandise with "hot" credit cards.

The average rate of fraud online is around 1%. That may sound small, but it's a massive figure relative to the .05% to .07% fraud rate at brick-and-mortar retailers, estimates Avivah Litan, senior analyst for Gartner, a Connecticut-based technology consulting firm. Better Safe Than Hacked -

Linked by shanmuga Wednesday, 1st November 2006 5:26AM