[4867] in WWW Security List Archive
Re: Netscape-Enterprise/2.01 https SLOOOOWW
daemon@ATHENA.MIT.EDU (Vinnie Vedi Dolavimus)
Fri Mar 21 13:54:44 1997
Date: Fri, 21 Mar 1997 11:36:10 -0500 (EST)
From: Vinnie Vedi Dolavimus <sfuze@escape.com>
To: Dennis Glatting <dennis.glatting@plaintalk.bellevue.wa.us>
cc: WWW-SECURITY@ns2.rutgers.edu
In-Reply-To: <199703201716.JAA00673@imo.plaintalk.bellevue.wa.us>
Errors-To: owner-www-security@ns2.rutgers.edu
I meant this on a PERCENTAGE basis -- the percentage of transactions, total,
of credit cards in general and the percentage of transactions over the net.
The percentage of fraud ovr the net is about 1% -- in real life about 2%.
That is, of all transactions which occur over the net 1% of them, approx.
is fraudulent. The real problem with security vis a vis credit cards /
the net is that the majority of insurance companies and credit card
companies will not insure or protect the customer. No doubt this will
change eventually, given the state of the art and the quick pace that
everyone seems to be displaying lately to get e-commerce up and running.
Who knew? ;),
Millie
On Thu, 20 Mar 1997, Dennis Glatting wrote:
>
> > Date: Wed, 19 Mar 1997 20:33:59 -0500 (EST)
> > From: Vinnie Vedi Dolavimus <sfuze@escape.com>
> >
> > While I certainly agree with what you're saying, Adam, I do want
> > to point out that the amount of fraud taking place on the net is
> > actually LESS than that which is taken place on a regular credit
> > card.
>
> Hmm... What is the volume of credit card transactions over the
> net verses not over the net?
>
>
> -dpg
>
