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FUNDAMENTALS OF COMPUTER AND INTERNET FRAUD Fundamentals of Computer and Internet Fraud v VIII. COMPUTER SECURITY CONSIDERATIONS (CONT.) Internet Security Statistics - Internet World Stats Jun 08, 2018 The State of Online Shopping Fraud - Experian Apr 13, 2018

Computer & internet fraud refers to any form of fraud that is facilitated using an electronic communication network such as the internet. Fraud, in turn, is defined in federal law by 42 CFR 455.2, which refers to “an intentional deception or misrepresentation” by any individual which is intended to result in unauthorized benefit or material gain. The definition encompasses both federal and

May 14, 2020

helped businesses detect fraud. New solutions mean new online behaviour patterns, and the old benchmarks used in detecting anomalous activity that might signal fraud are no longer reliable. Consequently, as businesses innovate the digital experience, they feel increasingly vulnerable and not very confident in their ability to spot fraud (Figure 9).

2019 Internet Fraud, Scam and Crime Statistics 2019 Internet Fraud, Scam and Crime Statistics . The most recent report from the IC3 is for year 2017. Statistics regarding internet scams and frauds are presented here as a snapshot in time January 2009, but below are links to archived statistics from previous years. Internet fraud is the use of Internet services or software with Internet access to defraud victims or to otherwise take advantage of them. Internet crime schemes steal millions of dollars each Internet-enabled crimes and scams show no signs of letting up, according to data released by the FBI’s Internet Crime Complaint Center (IC3) in its 2019 Internet Crime Report.The last calendar Statistics on Internet Fraud. The Internet Crime Complaint Center (IC3), a joint venture of the FBI and the National White Collar Crime Center, in 2007 found: Online auction fraud was the most reported type of fraud and accounted for 44.9% of consumers’ complaints ; Non-delivered merchandise and/or payment made up 19.0% of complaints Annual Reports. 2019 IC3 Annual Report 2019 State Reports; 2018 IC3 Annual Report 2018 State Reports; 2017 IC3 Annual Report 2017 State Reports The scope of identity theft. Identity theft continues to pose challenges for consumers as criminals develop new mechanisms to commit fraud. According to the 2019 Identity Fraud Study from Javelin Strategy & Research, the number of consumers who were victims of identity fraud fell to 14.4 million in 2018, down from a record high of 16.7 million in 2017.