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Security is a big concern for firms involved in e-business.
Jon Merrett, assistant director of the CCS's Cybercrime Unit, said one of the most common crimes is the setting up of mimic sites on similar URLs to bona fide sites. A fraudster can, for example, set up Web pages offering bogus investment opportunities. Potential investors are taken through to what appears to be the pages of a legitimate firm, often a bank, though it is in fact a scam. Firms have been caught out particularly in the banking, shipping and insurance sectors because of failures to check credentials. Merrett said it is important to check the background of any potential trading partners.