MicrostockGroup
Microstock Photography Forum - General => General Stock Discussion => Topic started by: dannyray on March 10, 2011, 19:05
-
rogermexico
Posted Wed Mar 9 2:27PM
Quote
A week from today we will be doing another lump removal of royalties attributed to verified fraudulent downloads that occurred in January and February 2011. We will send out an email tomorrow (March 10) to everyone affected, detailing the downloads affected and the amounts that will be removed for each one. We will remove these royalties on March 17.
The bulk of the unauthorized downloads in question took place in January. Since then we have seen a significant reduction in fraud. The amount of royalties removed for February was only about 10% of January.
We know how difficult it is to find out that royalties were fraudulent a month after the fact. We do not plan to do another mass pull of royalties like this again.
For more read the forum discussion here at http://www.istockphoto.com/forum_messages.php?threadid=312142&page=1
(http://www.istockphoto.com/forum_messages.php?threadid=312142&page=1)
-
It wouldn't make too much difference to me but I see the bigger players into this for thousands. What was the nature of the fraud and what kind company doesn't take notice of such a large scale scam?
-
Hi All,
It seems slightly unbalanced that our credits are covering their mistakes. I wouldn't mind if it was a one time deal but are we going to start seeing these every month or two? Must be awesome to own a company that when you don't conduct your business in a proper manner that it doesn't cost you a cent, I want to own a company like that :D
Best,
Jonathan
-
Do we really need two threads about this?
-
What is their incentive to beef up their security when they suffer no loss?
You can be * sure that if it were their loss, it wouldn't happen so easily and on such a large scale. Contributors suffer their images being stolen and no doubt they will be used in some illegal image bank in god knows where thereby depriving the image owner of possible future legal sales via the stock agency. >:(
-
Do we really need two threads about this?
Took the words right out of my mouth.
-
Do we really need two threads about this?
Took the words right out of my mouth.
+2 ? :)
-
Do we really need two threads about this?
Took the words right out of my mouth.
+2 ? :)
The magnitude of this loss; heck yeah! Maybe three threads
-
The current thread is here
http://www.microstockgroup.com/istockphoto-com/janfeb-fraud-reduction-of-royalties-coming/ (http://www.microstockgroup.com/istockphoto-com/janfeb-fraud-reduction-of-royalties-coming/)