A Descriptive Analysis on Cyber Crimes, Types , Preventions in Financial Transactions
Journal: International journal of mechanical and production engineering research and development
Year: 2020

In today's volatile economic environment, the chance and incentive to commit frauds have both increased. Instances of asset misappropriation, concealment, cybercrime, and accounting fraud are only increasing by the day. With changes in technology, frauds have taken the form and modalities of gangland, deploying increasingly sophisticated methods of perpetration. As financial transactions turn into more and more technology-driven, they appear to have become the weapon of choice when it comes to f