Hacking is the process of gaining entry to another computer or server without the owner's permission.
e.g. hacking into your e-mail and sending weird e-mails to your friends.
Fraud is trying to trick someone to gain an advatage.
e.g. never delivering the product you paid for when buying on internet.
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What is the difference between fraud and misinterpretation what do you undersatnd by mistake?
Its about hacking......... hacking can be legal & can be illegal........ if u r caught hacking then u will have to break stones in the jail .....
Difference between fraud and Misinterpretation1. Fraud is always done Intentionally, Misinterpretation can be preformed Intentionally or Negligently.2. Fraud always have malicious intent, Misinterpretation may not have malicious intent to deceive if it happens negligently through a misstatement and/or omission of a material fact(s)
It's fraud that is done by the internet, through email or websites.
Is the amount the deciding factor?
Fraud committed by means of electronic communication, as by telephone or modem. Viper1
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
An error represents an unintentional misstatement of the financial statement. it may be material or immaterial. fraud represents an intentional misstatement of the financial statement which can be material or immaterial.
YES
Hacking, particularly involving banks and government computers.
One is really fraud where the other in not correctly stated.
In general parlance, scam is done against a particular system while fraud is done against an individual. In case of scam the loopholes in systems are abused while in case of a fraud the ignorance of the victim is abused.