Subscribe to Entrepreneur for $5
Subscribe

Tech Buzz 08/01

Online auction fraud, next-generation managed desktops and more

By
This story appears in the August 2001 issue of Entrepreneur. Subscribe »

Auction fraud: Buyersand sellers, beware! According to a study by market research firmeMarketer, most U.S. Internet crime takes place on auctionsites.

Rob Janes, an eMarketer analyst, says that given the popularityof auction Web sites such as eBay-which reportedly attracts 16million users per month-it's not surprising that 87 percent ofonline fraud in 2000 was found to be related to such auctions ineMarketer's "The E-Privacy and Security Report." Theaverage cost to online-auction fraud victims was about $600.
- Melissa Campanelli

Continue reading this article - and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.

Entrepreneur Editors' Picks