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What is Cyber Frauds?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Anil Dhawan asked over 2 years ago

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4 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CA Sandeep Bohra answered about 2 years ago

> What is Cyber Frauds? --Cyberfraud refers to any type of deliberate deception for unfair or unlawful gain that occurs online. The most common form is online credit card theft. --An Internet fraud is the use of Internet services or software with Internet access to defraud victims or to otherwise take advantage of them; for example, by stealing personal information, which can even lead to identity theft. A very common form of Internet fraud is the distribution of rogue security software. Internet services can be used to present fraudulent solicitations to prospective victims, to conduct fraudulent transactions, or to transmit the proceeds of fraud to financial institutions or to others connected with the scheme. --Internet fraud can occur in chat rooms, email, message boards, or on websites

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Open uri20170510 32134 59004f?1494421790 Anshul Dhawan answered over 2 years ago

Cyber Frauds: Cyber Fraud shall mean fraud committed by use of technology. Cyber fraud refers to any type of deliberate deception for unfair or unlawful gain that occurs online. The most common form is online credit card theft. On the basis of the functionality, these are of two types: •Pure Cyber Frauds: Frauds, which exist only in cyber world. They are borne out of use of technology. For example: Website hacking.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Pankaj answered over 2 years ago

Hello Cyber Frauds: Cyber Fraud shall mean fraud committed by use of technology. Cyber fraud refers to any type of deliberate deception for unfair or unlawful gain that occurs online. The most common form is online credit card theft. On the basis of the functionality, these are of two types: •Pure Cyber Frauds: Frauds, which exist only in cyber world. They are borne out of use of technology. For example: Website hacking. •Cyber Enabled Frauds: Frauds, which can be committed in physical world also but with use of technology; the size, scale and location of frauds changes. For example: Withdrawal of money from bank account by stealing PIN numbers.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Chirag answered over 2 years ago

**Cyber Frauds:** Cyber Fraud shall mean fraud committed by use of technology. Cyber fraud refers to any type of deliberate deception for unfair or unlawful gain that occurs online. The most common form is online credit card theft. On the basis of the functionality, these are of two types: •**Pure Cyber Frauds:** Frauds, which exist only in cyber world. They are borne out of use of technology. For example: Website hacking. •**Cyber Enabled Frauds:** Frauds, which can be committed in physical world also but with use of technology; the size, scale and location of frauds changes. For example: Withdrawal of money from bank account by stealing PIN numbers.

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