Internet Fraud

Internet Fraud - No More a Threat to Be Worried For

Introduction

The term "Internet fraud" is not new for the internet users as everyone using internet come across this "online fraud" many times. It depends upon the analytical skill of the internet user how to identify it and to safeguard personal interests. The people engaged in fraud take the advantage of unlimited unique capabilities of internet. “In 2007 IC3 (Internet Crime Complaint Center), a joint venture of National White Collar Crime Center and FBI, found that 44.9% internet fraud complaints are related to online auction fraud. 19.0% of complaints were about the advance payment delivery and non-receiving of ordered goods. 4.9% of complaints were about the cheque fraud. 30% of victims were cheated by emails while 70% were trapped by online auctions” (Internet Fraud Statistics and Facts. spamlaws.com). Since then, with the advancement of technology and increasing use of internet, the online cheaters have innovated new methods of doing internet frauds. Although people are getting aware and conscious about the internet fraud the numbers of people who suffer with heavy loss because of it are increasing fast. The main reason for this increase is the lack of knowledge about the internet fraud and the methods of dealing with such threats. This essay defines the major types of Internet Fraud, describes this problem, analyzes the causes of internet fraud, offers solutions on how not to be the victim of thefts and gives the tools how to detect Internet Fraud.

Major Types of Internet Fraud

Internet fraud catches people out daily. And because of rapid expansion of the Internet, there is a huge base of new users and they are unaware of common frauds and have no idea how to protect themselves. That’s why people lose money and their personal identity by their trustfulness and ignorance before fraudulence. (НА грамматику проверить)

“With the development and success of e-commerce sites,...