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Fungible Credentials and Next-Generation Fraud.

The article discusses computer fraud in the era of global digitization. Computer and network technology allows white collar criminals to operate more efficiently and with less risk across a global area. Digital fraud consisting of embezzlement, and violation of intellectual property laws do far more...

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Published in:Communications of the ACM Vol. 49; no. 12; pp. 15 - 20
Main Author: Berghel, Hal
Format: Article
Published: Association for Computing Machinery Dec2006
Subjects:
Identity theft
Computer networks
False personation
White collar crimes
Economic crime
Commercial crimes
Online Access:View this record in EBSCOhost
Summary:The article discusses computer fraud in the era of global digitization. Computer and network technology allows white collar criminals to operate more efficiently and with less risk across a global area. Digital fraud consisting of embezzlement, and violation of intellectual property laws do far more economic damage than physical crimes, though they often go unreported. The author details one of the major entry sources to digital fraud: the creation of fungible identification documents through identity theft.