The Safely Sourcing China Blog

YCTP – Fighting Cyber-Crime And Online-Fraud In China

Due to the increase in claims by small, medium, and even some quite large foreign firms, complaining of having been the victims of cyber-crime or cyber-fraud, Your China Trading Partner – Beijing (YCTP) have decided to open a new area of service for foreign clients, as a means of minimising or eliminating such risk.

YCTP is a small product sourcing company based in Beijing, China, and predominantly servicing small to medium sized foreign enterprises seeking to source products, or to have a representative presence in China.

As far back as November, 2006, the 17th Asia-Pacific Economic Co-operation Forum, held in Busan, South Korea, China endorsed the APEC Privacy Framework along with representatives of the other 20 member countries and territories, as a means of combating threats in the form of a then growing gang of highly-organized cyber-criminals.

Since then the government of the Peoples’ Republic of China has taken proactive steps in a targeted and co-ordinated approach, by bringing together a group of the World’s most practiced IT experts to devise and discover ways and means of mitigating cyber-crime. Yet still this form of crime is still prevalent on the mainland today.

In 2009 the Internet Crime Complaint Centre released its latest annual report on victims’ complaints received and referred to law enforcement departments in the US.

Between January 1^st, 2008 and December 31^st, 2008, the IC3 website was in receipt of 275,284 complaint submissions. This being a 33.1% increase on those of 2007 when only 206,884 complaints were received. The greater part of these submissions was composed of complaints primarily related to fraudulent activities perpetrated via the Internet.

Non-delivery of merchandise was the most predominantly reported offence, and which comprised a total of 32.9% of the total referred complaints.

To meet the necessity for security in trade, and its’ accompanying growth in demand from foreign businesses, YCTP have now incorporated a new background checking and referencing function into their business, as a means of assisting foreign buyers, private or B2B, in protecting their investments, or purchases, against cyber-fraud; this being achieved through on-the-spot face-to-face due diligence services.

Queries or information requests may be directed to Mr. Ken Stone via the YCTP company website on: www.yourchinatradingpartner.com

Related Articles

• The Internet Crime Complaint Center (lockergnome.com)
• Recession fuels cybercrime (mycompuquest.blogspot.com)
• Proposed U.S. law would single out cyber crime hot spots (infoworld.com)
• Cyber Crime Complaints Soar (cbsnews.com)
• Burlington, Ont. tops list of riskiest online cities (ctv.ca)
• SF is fourth city most at risk of cyber-crime, Symantec says (sfgate.com)
• FBI reports online crime losses double in 2009 (v3.co.uk)
• Boom time for cyber crime in US (news.bbc.co.uk)
• Bill Focuses On Global Cybercrime Measures (techdailydose.nationaljournal.com)
• China adopts countermeasures, tries to thwart Google’s attempt to skirt censorship rules (taragana.com)
• Cyberfraud losses more than double in 2009, says FBI (newstatesman.com)
• Internet firm in China stops using Google services after move to end censoring results (taragana.com)

Originally posted 2009-08-13 01:15:42. Republished by Blog Post Promoter

Popularity: 10%

Some Related Websites

• Info On Prosper.com The Saturday edition of the Wall Street Journal had a good report on how Prosper.com is working out. Based on the borrowes credit score, lenders can get between 8 and 24%. A lot of borrowers aren't getting enough responses for their requests because the rate they are offering is too......
• How You Can Get Paid For Surveys In Your Spare Time If you are a stay at home mom or dad and you spend time on the computer, you can learn how to get paid for surveys you take online sitting in your pajamas at the kitchen table. You think it sounds too good to be true, but this time it......
• Learning to Use Internet Business Directories As an on-line business owner, one in every of your preoccupations is increasing your site traffic. If you've got been in business for even a brief amount of time, you know {that the} key to obtaining more hits is by optimizing for the search engines. Most individuals use the search......
• What Subjects Should You Cover? Choosing subjects to cover in your corporate blog is a lot like choosing the concept behind your corporate blog in the first place. When you decided to create a corporate blog, you probably had a pretty clear idea of what your main intention would be in writing for that blog.......
• Ideas for Blogging Content Pt 2 Business blogging is rife with benefits for anyone who is able to utilize it properly, as it adds a significant amount of value to a company's web presence, increasing search engine visibility and encouraging excellent and meaningful interaction from readers, driving an increase of traffic to your website in the......