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Internet fraud is becoming one of the most common and lucrative forms of crime in today's information-based economy. As the Internet has grown, so too have incidences of its misuse. How can intellectual property rights help fight this growing menace?
According to the Internet Fraud Complaint Center (IFCC) ' a collaboration between the Federal Bureau of Investigation (FBI) and the National White Collar Crime Center ' the incidence of cybercrime is increasing exponentially. The IFCC, which investigates Internet fraud and collects online complaints at its Web sites (www.ifccfbi.gov and www.ic3.gov), reports that the total number of complaints referred to on its Web sites tripled between 2002 and 2003. National White Collar Crime Center, IFCC 2002 Internet Fraud Report (2003). See, www.ifccfbi.gov/strategy/2002_ifccreport.pdf. Meanwhile, the number of complaints involving Internet fraud reported to the Federal Trade Commission (FTC) increased by 40% during 2003. FTC, National and State Trends in Fraud & Identity Theft (Jan. 22, 2004). See, www.consumer.gov/sentinel/pubs/Top10Fraud2003.pdf.
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