Enhancing e-Confidence

On-line commerce has brought convenience and savings to the Internet
shopper. Scams have eroded user confidence in fully utilizing e-commerce.

  • Internet fraud reached a record high of $264.6 million in 2008.
  • A single virus was infecting a new web page every 4.5 seconds.
  • 5 million US consumers lost money due to phishing in 2008.
  • 275,284 causes of Internet fraud were reported in 2008.
  • The EU online market is worth $106 billion euros.
  • 77% of businesses accessed banking services via the Internet
  • 65% of firms used online public services.
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