Thursday, January 12, 2006

Betfair.com Raises Odds Against Web Attacks

Daniel Thomas writes on vnunet.com:

The internet has created a profitable marketplace for bricks and mortar retailers and spurred many new ventures that would not exist in the physical world.

One such company is online gaming firm Betfair, which handled one billion bets in 2005 and claims to process twice as many credit and debit card transactions as any other European web site.

But with the growth of ecommerce has come an influx of criminals looking to get rich through exploiting the internet.

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