Thursday, March 15, 2007

Computer Fraud

Computers have become a fully integrated technology in our everyday lives that are relied upon to ease our workload and increase our quality of life. With this also comes the opportunity to be taken advantage of by individuals with the skills and knowledge to exploit the power of the computer. Mistakes caused by the negligence of others can also lead to fraudulent use of this important technology.
With the widespread use computerisation and inter-networking technologies and the methods by which information is handled within society has enabled computer fraud to spread dramatically. Never before has an individual been able to readily perpetrate a computer fraud and reach so many people so far away effortlessly and inexpensively. As such computer fraud must be seen as part of a continuing trend.
Having access to a credit card and an Internet account and suddenly it is possible to conduct international transactions and perpetrate computer fraud.
Computer fraud can cost it's victims large amounts of money, not to mention the lost time spent resolving the issues.

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