October 22, 2020

Cybercrime: Illegal Email and Fund Transfer Preventions

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CRESCO, INAA member in UAE, Philippines and Seychelles, has published this very interesting article on its website www.crescoaccounting.com about cybercrime. Discover it below.

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"Cybercrime is a criminal activity done with the use of a computer as a tool to further illegal acts, such as committing fraud, child trafficking and intellectual property, stealing identities, or violating privacy. These crimes can be performed from a distance and are very hard to detect unless you’re an expert in cybercrime. Email and fund transfer frauds occur when people impersonate others, either by hacking their email accounts, or by establishing new, similar-sounding email accounts, or both. Then they trick recipients into wiring funds so that the money will wind up in their hands. [...]"

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