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23, January 2008

If you thought that internet fraud was committed largely by individual rogue programmers out to make a quick buck, you’d be well off the truth. Internet fraud and identity theft are now committed by well organised and very well staffed business crime networks. For instance the Russian Business Network has grown to a formidible empire. Directly or otherwise, it controls potentially a million websites. Due mainly to an arsenal of well designed intrusive advertising techniques, the sites riddled with malware lure in millions of internet users a month. The growing capabilities of these vicious networks goes to demonstrate the flexability and imagination of the internet and its users, both good and bad.

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