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Trying to Fight Credit Card Fraud, eBay Enlists Romanian Agents to Help; Technology Today Offers Extended News Coverage
Dec 27, 2007 (12:12 PM EST)
WASHINGTON, Dec. 27 /PRNewswire-USNewswire/ -- In an effort to protect its customers' trust, eBay has gone into the law enforcement business. To read about this story as well as many other topics, visit Technology Today at http://tech.einnews.com/ .
Romania is the home to many legal start-up Internet companies, but it is also a safe haven for homegrown hackers who pull off millions of dollars of credit card scams each year. Although it is not legally liable for financial losses incurred by its customers, eBay has decided to pursue the criminals who are undermining the company's reputation of bringing together buyer and seller in a mutually trusting atmosphere.
The reason that Romania has such a well-developed IT industry is due to its Cold War cooperation with the Soviet Union; Romania actually wrote its own software for personal computers made in Bulgaria -- another home to Internet criminals.
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