While it may not be possible to eliminate the risk of fraud altogether, a company can at least identify it early and minimize its damage with proper planning, policies and procedures.

Buying jewelry online is comparable to buying any other gift online. The biggest risk is not fraud but whether or not she is going to like it.

Financial institutions need to address security threats across the entire risk spectrum. Integrating responses across multiple fraud detection efforts is a critical concern. Going forward, we will see the industry deploying more coordinated approaches across the enterprise to maximize the likelihood of identifying and preventing fraud attacks.

Regardless of how legitimate it looks, it's a fraud. No government agency or company is going to ask for sensitive information over e-mail.

[The SFO] spent 18 months [sic] investigating the company and then found out there wasn't the fraud or theft of money, ... Try to explain to a bureaucrat why a company that has never made a profit can be worth 30 million pounds [$48 million]...it sounds like a con.

[The SFO] spent 18 months [sic] investigating the company and then found out there wasn't the fraud or theft of money. Try to explain to a bureaucrat why a company that has never made a profit can be worth 30 million pounds [$48 million]...it sounds like a con.