Articles | Open Access |

E-AUCTIONS EXPLOITED: CRIMINAL TRENDS AND COUNTERMEASURES IN ONLINE MARKETPLACES

André Strass , Computer Forensics & GRC Consultant - DFLabs, Italy

Abstract

The rise of e-auctions has transformed global commerce, offering unparalleled convenience and access to a diverse range of goods and services. However, this evolution has also attracted malicious actors, leading to a surge in internet auction fraud. This paper explores the criminal trends within online auction platforms, examining how perpetrators exploit vulnerabilities in these systems to deceive buyers and sellers. Key methods include identity theft, bid shilling, non-delivery scams, and fake listings. The study also reviews the legal, technical, and procedural frameworks designed to mitigate these threats. It highlights the need for robust cybersecurity measures, enhanced user education, and proactive regulatory oversight to safeguard online auction environments. By identifying weaknesses in existing countermeasures, this research provides actionable insights for stakeholders to develop more effective strategies against e-auction exploitation.

 

Keywords

E-auctions, Online marketplaces, Internet auction fraud

References

Building trust in online auction markets through an economic incentive mechanism

Parasitism and internet auction fraud: an exploration

Combating online in-auction fraud: clues, techniques and challenges

Design and implementation of a secure multi-agent marketplace

Reputation and e-commerce: eBay auctions and the asymmetrical impact of positive and negative ratings

Convergence-Addressing the Security Dilemma- PWC Threats Report

Support for the Victims of Fraud: An Assessment of the Current Infra-Structure in England and Wales

Situational Crime Prevention: Successful Case Studies

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E-AUCTIONS EXPLOITED: CRIMINAL TRENDS AND COUNTERMEASURES IN ONLINE MARKETPLACES. (2024). International Journal of Law, Crime and Justice, 4(06), 6-9. https://www.academicpublishers.org/journals/index.php/ijlcj/article/view/1816