RE: Report Finds Risks in Internet Voting by Americans Overseas

[Paul Walmsley <paul@xxxxxxxxxxx>]

along similar lines, lest we fall into the trap of believing that
E-commerce transactions are particularly secure, it's worth remembering
that credit card fraud is a huge problem -- especially in e-commerce
transactions, where the merchant cannot verify that the card is present,
and the merchant cannot record the cardholder's signature.

Credit card issuers spend tremendous sums of money on statistical
prediction techniques to reduce fraud, and yet they still lose huge sums: 
one estimate is that the issuers themselves lose US$1 billion/year. [1]  
And that's not counting the merchants (businesses who accept credit cards 
as payment): merchants have to eat the whole cost of a fraudulent 
transaction, plus an additional "chargeback" fee. [2]