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Step up your anti-fraud defenses

We've noted that there seems to be correlation between fraud and economic hardship. Which suggests that you should probably step up your defenses against internal and external threats. As if on cue, the Financial Times reports that Internet-enabled fraud seems to have developed into a "recession-proof" industry, of sorts. The article says this "industry" is worth $7 billion globally. A report by Symantec found that trafficking in illegal goods, services and information "were being sent at ever faster speeds round the globe" in ways that are getting harder to detect. This news is daunting, and even more of a reason to take action. Article

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