Digital fraud is a big business. The same trends that are powering the cloud computing era – global brands, pay-per-use pricing, open-source collaboration – are making thieves rich, too. 

Michael Reitblat is fighting that trend. As co-founder and CEO of Forter, he's trying to keep retailers from getting fooled by credit card scammers. It's a journey that began when he was a teenage hacker, through college and startup dreams, to working on his second startup.  

At the Nasdaq Marketsite I talked to Reitblat about the state of organized crime online, and what innovators can do about it.