Master for Webs

Fraud is a growing problem with doing business online, according to a new survey, and a growing number of businesses are taking steps to counter illegal transactions. Eighty-three percent of the merchants who sell goods online say fraud is a problem, up from 75% who said so a year ago, according to a survey jointly conducted by CyberSource Corp., a vendor of software for online transactions, and Mindwave Research, an online research company. The survey polled 132 companies, including both corporations that sell exclusively over the Internet and those that sell goods online as well as at stores or through catalogs. (more...)