world, the threat of cyber crime also grows. While some of these crimes are relatively harmless and commonplace, others are very serious and carry with them felony charges. Various types of Cyber crimes that can be encountered over the net are spam, fraud, cyber terrorism and so on. Whether for individuals, companies or governments, cybercrime has become a big problem. Spam is defined as unsolicited junk e-mail. It is used by chain mailers, forger and some others who selling dubious products. “The
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The rise of mercantile capitalism and the industrial revolution has made village consumerism irrelevant. Products were once less complicated due to the local nature of industry with the idea of caveat emptor “let the buyer beware” and laissez faire (no govt intervention) these are now outdated due to manufacturers engaging in deceptive conduct. This lead to the need for law reform. Consumer laws objective was to remedy the imbalance between manufacturer and consumer and reflect the moral and ethical
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protecting consumers from predatory or discriminatory lending practices. • Marketing Practices leads the Commission's response to Internet, telecommunications, and direct-mail fraud; deceptive spam; fraudulent business. • Planning & Information collects, analyzes, and makes available to law enforcement consumer fraud, identity theft. • Privacy and Identity Protection safeguards consumers' financial privacy; investigates breaches of data security. (Vladeck, D., 2010) Betty’s Drive In
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Furthermore, the damage of the attack could have been lessened if a there was a better response to the attack, for instance, "One rule that banks should institute is to slow down the money transfer system while under a DDoS attack", and "a layered fraud prevention and security
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Ethical Breaches ACC 557 Name Date Instructor Introduction In recent years, accounting ethical breaches has emerged as a major problem for most of the organizations. With growth of businesses, the number of accounting ethical breaches has also increased in organizations. Accounting ethical breaches may be defined as the misappropriation and misconduct of financial data by the auditors and accountants of the company (Duska & Ragatz, 2011). The accounting ethical breaches not only affect
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CYBER CRIME IN ITS VARIOUS FORMS Abstract: This Paper is a review paper on the topic of Cybercrime and its forms. The paper describes very basic information about cybercrime. It includes introduction to cyber crime, its brief history, its types along with their brief description, today’s scenario regarding cybercrime and an introduction to cyber security as a weapon against cybercrime . The paper is best suited for those who want to understand what cybercrime exactly is at the beginners’ level
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activities, which involve the use of information technology to gain an illegal or an unauthorized access to a computer system with intent of damaging, deleting or altering computer data. Computer crimes also include the activities such as electronic frauds, misuse of devices, identity theft and data as well as system interference. Computer crimes may not necessarily involve damage to physical property. They rather include the manipulation of confidential data and critical information. Computer crimes
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computers and networks; in general this act is called hacking. Moreover, this crime also comprises conventional crimes performed by the Internet. As an example; theft of identity, hate offenses, credit card account thefts, telemarketing and Internet fraud are viewed as cyber crimes when the unlawful activities are conducted by the Internet. Many publications and reports on cybercrime commence by determining the term “cybercrime”. Another example for a global approach is Art. 1.1 of the Draft International
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Betty drove three hours in one-hundred degree heat. Explain if this fact has any bearing on whether or not the dealer must perform in accordance with the published advertisement. Ms. Betty, unfortunately, was privy to what many advertisements do to the consumer. They bait the consumer to come and buy with a wonderful price product that is offered, needed, or can be afforded by the consumer! Then sales person switch another product because the original product “went fast” or sold. This is one
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Negative impact of technology in banking sector Information Technology solutions have paved a way to a new world of internet, business networking and e-banking, budding as a solution to reduce costs, change the sophisticated economic affairs to more easier, speedy, efficient, and time saving method of transactions. Internet has emerged as a blessing for the present pace of life but at the same time also resulted in various threats to the consumers and other institutions for which it’s proved to
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