Internet Fraud and Identity Theft Essay Example | Topics and Well Written Essays - 1000 words

meshing Fraud and Identity Theft - Essay ExampleThe internet has initiated a fourth sales impart for companies to reach home consumers or their commerce customers 6. Rosen articulated that E-business includes products, procedures and internet services 7.The term phishing is well outlined by Jim Edwards as Phishing describes a combination of techniques used by cyber crooks to bait people into giving up sensitive personal data such as credit card numbers, social security numbers, blaspheme account numbers, dates of birth and more 9.E-commerce basicall(a)y is about B2B and B2C online sales, online ads, online brokerage and number of related online transactions. As per Jim Warholic, with all the inroads and growth in e-commerce in recent years, security concerns still top the list for both B2B business customers and B2C consumers 11.Payment modes involved in e-commerce are either Traditional Payment Method or electronic Payment Method. Adam stated Credit cards mode of payment is ver y common these old age and this study will revolve around credit card only 12.The Internet is rising raze more dramatically - its actually much safer to enter your credit card number on a secure online order form than it is to give your credit card to a waiter at a restaurant 14. Facilitated by the internet, identity theft can manifest itself in a number of slipway including phishing, pharming, and other fraudulent schemes 15.If one faces fraud, firstly, he should contact the phoner for your money back. He should have a record of every phone conversation with time date etc. let them know them that you may notify the authorities. Then report the Securities Division and also the State Attorney General in the state they are located. Fill the formal request form. One should not send the originals of any documents back to the company 16.