Conclusion With nearly 60
million adults already online in the United States and Canada, 10 million of whom have
purchased goods or services online, cyber-advertising burgeoning, and numerous new
commercial sites opening daily, it is safe to say that the Internet has
"arrived" as a medium for commerce. Of course, the Internet poses many
challenges beyond the mere control of fraud, not the least of which is the potential
invasion of privacy. Maturing technologies--cybercash, encryption methods, advanced search
engines, and blocking technologies, to name a few--are beginning to allay consumer
concerns and converging to open the door to massive Internet commerce. The FTC is working
to meet the challenge this new medium poses for safe and secure transactions. Much of the
opportunity for honest Internet entrepreneurs, however, may be lost if consumers fear
commerce on the Internet due to fraud. It is in all our interests--business, government,
and consumers--to place a high priority on preserving the safety of the Internet.
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