Types of online fraud?

Types of online fraud?

Phishing:

Cybercriminals send deceptive emails or messages that appear to be from a trustworthy source to trick individuals into revealing sensitive information, such as login credentials or financial details.

Identity Theft:

Criminals steal personal information, like Social Security numbers or credit card details, to impersonate individuals and commit fraud in their name.

Credit Card Fraud:

Unauthorized use of credit or debit card information to make fraudulent purchases or transactions.

Online Scams:

Various scams, including lottery scams, romance scams, and investment scams, deceive victims into sending money or personal information under false pretenses.

Ransomware:

Malicious software encrypts a victim's data, and the attacker demands a ransom for the decryption key. Paying the ransom is discouraged, as it doesn't guarantee data recovery.

Cyber Extortion:

 Threats, intimidation, or blackmail are used to demand money or sensitive information from victims under the threat of exposing embarrassing or damaging information.

Online Auction and Marketplace Fraud:

False or counterfeit goods are advertised for sale on online platforms, and buyers are scammed into making purchases. 

Data Breaches:

Hackers gain unauthorized access to organizations' databases, stealing sensitive customer data, which can lead to identity theft and other forms of fraud.

 

 

Account Takeover:

Criminals gain access to a victim's online accounts, such as email or social media, by stealing or guessing passwords. They may misuse these accounts for fraudulent activities.

Investment and Ponzi Schemes:

 Victims are lured into fraudulent investment opportunities that promise high returns but ultimately result in financial losses.

Fake Check Scams:

Victims receive counterfeit checks and are asked to deposit them, with the fraudsters asking for a portion of the money in return. The check eventually bounces, leaving the victim liable.

Tech Support Scams:

Scammers pose as technical support agents and persuade victims to pay for unnecessary software or services to fix non-existent computer issues.

 

During your interview, you can discuss your understanding of these online fraud types and emphasize the importance of cybersecurity measures to combat them. You might also mention any relevant experience or expertise you have in cybersecurity or fraud prevention, which can be valuable for a tech company like Wipro.