Tech Buzz 08/01
Online auction fraud, next-generation managed desktops and more
Auction fraud: Buyers and sellers, beware! According to a study by market research firm eMarketer, most U.S. Internet crime takes place on auction sites.
Rob Janes, an eMarketer analyst, says that given the popularity
of auction Web sites such as eBay-which reportedly attracts 16
million users per month-it's not surprising that 87 percent of
online fraud in 2000 was found to be related to such auctions in
eMarketer's "The E-Privacy and Security Report." The
average cost to online-auction fraud victims was about $600.
- Melissa Campanelli
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