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internet Fraud is an illegal activity wherein a person in possession of internet banking details of another person, impersonates them to use their funds.
A Simple example would be:
Lets say, I find your wallet on the floor and while scanning it, I see a paper with an id and password. By seeing the Id I realize that it is your Internet Banking id & Password for your ICICI Bank account. I happily login to your account and transfer the money in your account to my account.
This is Internet Fraud...
Wiki User
∙ 12y ago
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Reasons for fraud and abuse policy?
what is the reason for the fraud and abuse policy
What were the result of the internet worm?
It resulted in the first conviction in the US under the 1986 Computer Fraud and Abuse Act
What method can be used to discourage fraud and abuse?
metods used to discourage fraud and abuse
What is the difference in fraud and abuse?
Need context here but, fraud has more to do with deception and abuse with excessivness.
What is the difference between fraud and abuse?
Abuse is to treat in a harmful, injurious or in an offensive way. Fraud is a breach of confidence for profit or gain to a dishonest advantage
What is a computer fraud?
Computer fraud is a criminal offense punishable by jail time and fines under the Computer Fraud and Abuse .
How has money been saved in the Medicare program?
Fighting fraud and abuse. Much attention has focused on Medicare abuse, fraud, and waste. As a result, overpayments were stopped, fraud was decreased, and abuse was investigated. This has saved the Medicare program approximately $500 million per year.
What is fraud and abuse?
Under the Computer Fraud and Abuse Act of 1986, this law covers safeguards against cybercrime and other frauds and exploits that can be done with a computer.
What fraud and abuse?
Under the Computer Fraud and Abuse Act of 1986, this law covers safeguards against cybercrime and other frauds and exploits that can be done with a computer.
Howq has money been saved in the Medicare program?
Fighting fraud and abuse. Much attention has focused on Medicare abuse, fraud, and waste. As a result, overpayments were stopped, fraud was decreased, and abuse was investigated. This has saved the Medicare program approximately $500 million per year.
What is Computer Fraud and Abuse?
Under the Computer Fraud and Abuse Act of 1986, this law covers safeguards against cybercrime and other frauds and exploits that can be done with a computer.
According to the USDepartment of Justice what type of fraud is one of the fastest growing white-collar crimes?
One of the fastest growing white collar crimes in 2014 is identity theft. Other white collar crimes are money laundering, mortgage fraud, and Internet scams.
