Internet fraud

The recent airing of Ashley Madison's dirty laundry continues to be a hot topic around the internet. Two weeks ago, a group of hackers calling themselves 'Team Impact', breached the security of the controversial dating website and made away with the information of millions of users. Many outlets have combed through the near 10 gigabytes of data dumped by Team Impact onto the dark web, but this find from Gizmodo stands out. The data they dug up reveals that: for a website that marketed itself as the internets' go to source for adulterous relationships, Ashley Madison was actually a terrible place to look for an affair. Gizmodo says that the company had a little over 70,000 computer 'bots' posing as female users who would send automated messages to their real life male counterparts in the hopes of playing up the site's image as a haven for illicit relationships.…

an unsuspecting person. Financial fraud against the elderly has become so common in the United States that it is considered to be a form of elder abuse. Several states have laws to protect the victims. A study conducted by consumer digest has determined that 5 million cases of financial elder abuse occur every year. Yet only 1 in 25 cases are actually reported to law enforcement agencies. (Elder Abuse: Financial Scams Against Seniors, 2014) WHY THE ELDERLY ARE AT GREATEST RISK OF BEING SCAMMED…

Background According to the United States Code under Section 1030, computer fraud is a serious offense and regarded as an illegal act. The United States Code addresses fraud and any related activities in connection with computers. Hence, computer fraud is defined as a deed of exploiting computers, internet, internet devices, and internet services to defraud people, companies or government agencies. Some of the methods and techniques used are DDoS, phishing, social engineering, and viruses to…

For instance, in 2015, researchers estimated that 43 percent of the world population are using the Internet. A year later, the number increased from 43 percent to 47 percent (Taylor, 2016). The fact that more people are using the Internet, the more technocrimes, and other form of white-collar crimes would be committed. As it is stated on the text (Trusted Criminals), “Computers and other forms of modern technology play an increasingly central role in many white-collar crimes, and this role will…

like watching CSI? Yes, it is. By now, you should realise how wide the scope of work can be. Let's us look at some of the common situations in which it is used: 1) Unauthorised disclosure of corporate data (by accident or design) There's always a chance that employees will disclose corporate data without authorisation to third parties or competitors. The chance increases when employees are unhappy, dissatisfied, or being fired. As corporate information such as business plans, customers…

It is common for criminals to use computers and internet to commence their crimes. It is not just the faceless organization targeted by cybercriminals but individuals who feel the repercussion well after being victimized. This paper will review computer crimes that involve identity theft, cyberstalking and child abuse. Identity theft can rob someone of their life savings, ruin credit ratings which can effect careers and weaken purchase power. Cyberstalking victims face tremendous stress living…

International Cyber Crime It is not in disputed that technology has transformed the world into a global village. According to Okeshola and Adeta (2011), technological advancements have made it possible for nations to develop and boost their networks of communication, allowing faster and reliable networking and exchange of information. Today, there are about two billion people using the internet and more than five billion cell phone connections across the globe (KPMG, 2011). Most people in the…

charged, it will include Purchase Order Fraud, which is a federal crime (FBI, 2014). The consequences for that in The United States can be incarceration, fines, probation, or a combination of all three (Fichtelberg, 2008). This crime can be charged by the International Criminal Court. There is no jury at the International Criminal Court. A panel, made up of three judges, will decide if the defendant is guilty and what the punishment will be. They also have the ability to sentence them to…

Computer crime are referred to criminal activity where computer are involved. The computer may be the target of the crime or have been used to commit the crime. Net crime refers to the use of internet to commit the crime. Cyber crime are usually a combination of the two individuals and can be defined as “Offences that are committed against individual or groups of individuals with a criminal motive to intentionally harm the reputation of the victim or cause physical or mental harm to the victim…

you choose and how the corporate world would be affected if everyone chose similar actions. Auditors are known as the watchdogs of accounting. Their primary responsibility is to guard the best interest of the public. “The auditor’s obligations are to certify that public reports depicting a coronation’s financial status fairly present the corporation’s financial position and operations” (Duska, Duska, & Ragatz, 2011). During the WorldCom scandal, Arthur Anderson, originally one of the big five…