Financial fraud crimes

Computer crime encompasses a broad range of activities.[8]

Internet fraud and Computer fraud is any dishonest misrepresentation of the intended to let another to do or refrain from doing something which causes financial loss. In this context, the cyber fraud will result in obtaining a benefit by:

Altering in an unauthorized way. This requires little technical expertise and is a common form of theft by employees altering the data before entry or entering false data, or by entering unauthorized instructions or using unauthorized processes;

Altering, destroying, suppressing, or stealing output, usually to conceal unauthorized transactions. This is difficult to detect;

Altering or deleting stored data;

Other forms of fraud may be facilitated using computer systems, including bank fraud, carding, identity theft, extortion, and theft of classified information. These types of cyber crimes often result in the loss of private information or monetary information.