is a type of fraud which makes use of the Internet. According to the FBI's 2017 Internet Crime Report, online victim losses due to fraud totaled over $1.4 billion in 2017.
Online fraud appears in many forms. It ranges from email spam to online scams. Internet fraud can occur even if partly based on the use of internet services and is mostly or completely based on the use of the internet.
Social Media and Fraud
People tend to disclose more personal information about themselves (e.g. birthday, e-mail, address, hometown and relationship status) in their social networking profiles (Hew 2011). This personally identifiable information could be used by fraudsters to steal users' identities, and posting this information on social media makes it a lot easier for fraudsters to take control of it.
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