E-commerce fraud involves using deception to obtain money or valuable goods through electronic commerce and online transactions. As e-commerce grew in the late 1990s, fraudsters developed more creative ways to commit fraud online. There are many types of e-commerce fraud, including credit card fraud, identity theft, phishing scams, and hacking. Companies can help battle e-commerce fraud by implementing security measures like keeping firewalls and antivirus software up to date, using encryption, and monitoring network traffic.
3. The trading of products or services using computer
networks such as Internet.
Based on computer technologies such as mobile
devices, laptops, and computers.
Involves electronic fund transfer, supply chain
management, mobile commerce, Internet marketing,
online transaction processing, electronic data
interchange (EDI), inventory management systems
and automated data collection systems.
What Is E-commerce?
4. E-commerce fraud is defined as
the use of deception to obtain
money or something else of
value.
The use of Internet services or
software with Internet access to
defraud victims or to otherwise
take advantage of them
What Is E-commerce Fraud?
5. As the internet began to peak in the late 1990s the
fraudsters creativity is committing fraud
In 1998 the internet was filled with E-commerce web
sites and started to get on line
How Internet fraud evolved
8. Secure hardware & software
Create data integrity for disaster recovery
Keep firewall & antivirus up-to date
Secure E-commerce platform
Use SSL [Secure Sockets Layer] Or EV SSL [Extended
Validation Secure Socket Layer] authentication
How To Battle E-Commerce Fraud?
9. Do not store sensitive data
Use Address Verification Service(CVV)
Create strong passwords
Use Two-Way authentication
Scan E-mails for viruses
Set-up real time server & Network traffic monitoring
& alert system
How To Battle E-Commerce Fraud?
“A false representation of a matter of fact—whether by words or by conduct, by false or misleading allegations, or by concealment of what should have been disclosed—that deceives and is intended to deceive another so that the individual will act upon it to her or his legal injury. “[2]
Online video fraud https://www.youtube.com/watch?v=EICxkdRbUQg & https://www.youtube.com/watch?v=ibcbVK-0Fuw
Man-in-the middle attack can be done through Free Wi-Fi.
Online game scam link for reading http://www.scambusters.org/onlinegamesscam.html online video fraud https://www.youtube.com/watch?v=EICxkdRbUQg