What is the meaning of electronic fraud?

Electronic fraud refers to any deceptive or illegal activity carried out using electronic devices or digital platforms to steal money, personal information, or assets. It happens through computers, mobile phones, the internet, or other electronic systems.

Common forms of electronic fraud include:

• Phishing: Fake emails or messages tricking people into sharing passwords or bank details.
• Identity theft: Using someone’s personal information to commit fraud.
• Online scams: Fake websites, online shopping fraud, job scams, investment scams, etc.
• Credit/debit card fraud: Unauthorized use of card details obtained electronically.
• Hacking: Gaining illegal access to systems to steal data or money.
• Malware attacks: Software designed to steal information or control devices.

In simple words:

Electronic fraud is cheating done through electronic means to steal information, money, or property.