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	<title>FinanceTechNews.com &#187; Shildon</title>
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		<title>What it takes to be a cybercrime capital</title>
		<link>http://www.financetechnews.com/whats-it-take-to-be-a-cybercrime-capital/</link>
		<comments>http://www.financetechnews.com/whats-it-take-to-be-a-cybercrime-capital/#comments</comments>
		<pubDate>Tue, 08 Sep 2009 14:36:38 +0000</pubDate>
		<dc:creator>Valerie Helmbreck</dc:creator>
				<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Information security]]></category>
		<category><![CDATA[Latest News & Views]]></category>
		<category><![CDATA[cybercrime]]></category>
		<category><![CDATA[3rd Man]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[Shildon]]></category>
		<category><![CDATA[UK]]></category>

		<guid isPermaLink="false">http://www.financetechnews.com/?p=2808</guid>
		<description><![CDATA[You&#8217;ve heard the expression &#8220;One bad apple can spoil the whole bunch?&#8221; Well, it seems especially true of a small British town where nearly a quarter of the e-commerce transactions appear to be shady. 
Shildon, UK, once known for being the town where the country&#8217;s first railway journey began, is now dubbed the nation&#8217;s online [...]]]></description>
			<content:encoded><![CDATA[<p>You&#8217;ve heard the expression &#8220;One bad apple can spoil the whole bunch?&#8221; Well, it seems especially true of a small British town where nearly a quarter of the e-commerce transactions appear to be shady. <span id="more-2808"></span></p>
<p>Shildon, UK, once known for being the town where the country&#8217;s first railway journey began, is now dubbed the nation&#8217;s online fraud capital. More 24.6% of the e-commerce transactions done in Shildon, a town with a population of just 10,000, were flagged as fraudulent, said Andrew Goodwill, a director of The 3rd Man, a security company that specializes in preventing credit-card fraud.</p>
<p>It only takes a few fraudsters to make you No. 1 when the population&#8217;s that small, but Shildon&#8217;s criminals seem to be an especially inventive lot.</p>
<p>One crime that stands out: an impostor who frequents online dating services and recruits unwitting victims to act as mules for stolen goods. By posing as a British soldier stationed in Afghanistan, the fraudmeister asks his online love interest to collect gifts sent to him and forward them to his brother in Ghana.</p>
<p>In the global economic downturn, there seems to be a spike in online criminal activity &#8212; and it only makes sense that in small, backwater towns hit with tough times there might be even fewer opportunities for employment and income. Cybercrime, for those who don&#8217;t get caught, can be a very temptingf &#8220;job.&#8221;</p>
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