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4 Questions Answered About Internet Fraud

Internet Fraud

What is Internet Fraud?

Internet Fraud is rooted within the setting of electronic technology as a result of the vast opportunities presented through the advents of electronic communication. Technology can be utilized for a variety of means – both in its development, as well as well as its respective jurisdiction – however, within any new advancement and discovery, the risk of corollary criminal activity may also be present.

The presence of Internet Fraud takes place upon criminal activity being undertaken in order to bypass any or all legal, lawful, and ethical protocol with regard to electronic, computational, and internet-based networks.

How Does Internet Fraud Affect Personal Privacy?

The breach of legal parameters and protocols that exist in tandem with personal privacy, space, and domain entitled to every citizen of the United States may take place in the event of a forged electronic signature, the unlawful access of personal records, and the illicit attainment of data belonging to the victim of electronic identity theft. Cyber Law – or Internet Legality - is considered to be one of the newest legal fields due to its evolution in conjunction with the advancement of technological industry.

Due to the fact that this type of internet-based technology heavily relies on online activity and virtual networks, regulations and oversight of this type of activity has been expressed within the realm of legality. The activity latent within computer fraud and electronic identity theft may span a variety of avenues and jurisdictions, including the ethical and moral use of the internet for lawful and legal purposes. Identity theft can result in the exploitation and manipulation of victims involved through intrusive means of illicit online activity.

How Does Internet Fraud Happen?

Each individual computer terminal that shares connection to the Internet - ranging from an individual network to a local area network (LAN) - is provided an Internet Protocol Number as a means of identification. Internet Protocol numbers allow for the interconnection – through the transmission of communicative measures – of individuals spanning the globe; while the means of online communication have opened the doors to a variety of online-based opportunity, this ease of connectivity has also allowed for a heightened rate of victims of internet fraud. The following are common methods of internet fraud:

Solicitation: Solicitation is classified as the unlawful and illicit request for information or data; means of solicitation are typically undertaken in order to misuse personal and private data belonging to victims of identity theft.

Identity Theft: The criminal act involving the illegal and unlawful acquiring of personal information belonging to another individual with the intent to commit a criminal act through fraudulent misrepresentation; identity theft is commonly facilitated in order to render illegal economic gain.

How to Prevent Electronic Identity Theft

Due to technological innovation, electronic identity theft is considered by many to be one of the most recently-developed crimes, credited – in part - to the ongoing advent of computer-based technology. Companies providing methods of Identity theft prevention have employed protective measures ranging from securing online perimeters to communicative transmission inquiring about the validity of unsubstantiated activity; these types of companies have found their respective niche within the prevention of identity fraud upon providing protection in lieu of infringing on personal privacy.

NEXT: Fraud Explained

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