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What is online fraud ? Give some examples.

Computing Safety & Ethics

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Answer

Fraud committed using the Internet is called Online fraud. Online fraud may occur in many forms such as :

  1. Non-delivered goods
  2. Non-existent companies
  3. Stealing information
  4. Fraudulent payments

Some examples of online fraud are:

  1. Credit card fraud where credit card details are stolen from a user's online activities and the money is used without the user's knowledge.
  2. Using someone's credentials to watch an online show or movie.
  3. Non-delivery of goods after payment is another example. On investigation, a user may find that the company or website was fraud.

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