What risk of fraud has increased manifold after the advent of e commerce?
Answers
E- commerce is an online transaction system to buy and sell products. It is also prone to various frauds that could steal important information of the users.
Some of the frauds are:-
1. Spyware:- These malicious software are programmed to steal information about the users and about their web browsing habits. When set up in someone's computer it can harm the computer settings adversely.
2.Phishing:- This type of fraud tries to trick users to reveal their passwords and credit card numbers. These are usually forged E-mails which appeared like a genuine source or well known organisations. It could damage by blocked access or by severe financial losses from one's email.
3. Web Bugs:- These are objects that appear like small images which are present in E-mails that collects information about the IP address and the time at which the mail is read. Web bugs are used for E-mail marketing so to get ensured that some particular E-mails can be targeted for exploitation.
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