How Does The Law Handle Fraud In Online Transactions And E-Commerce?
There Has Been A Rapid Increase In The Access Of Ecommerce As Well As Digital Transactions In India, Thus Changing Access To The Consumer-Market-Business Interaction. Though The Facilities Available With Online Access Are Convenient And Efficient, They Have Also Exposed The Current Consumer Market To Different Kinds Of Fraud. Online Fraud Ranges From Phishing Scams To Unauthorized Transactions And Very Clearly Presents A Challenge For Consumers, Businesses, And The Legal Scenario. Online Fraud In E-Commerce Online Fraud Encompasses Various Acts Of Deception Intended For Financial Or Personal Advantage. Common Types Of E-Commerce Online Frauds Are: Phishing And Identity Theft: A Form Of Unauthorized Acquisition In Which Criminals Impersonate Certain Legit Entities And Steal Sensitive Information Such As Passwords, Credit Card Numbers, And Bank Details. Payment Fraud: Unauthorized Or Fraudulent Transactions Made With The Use Of Credit Cards, Debit Cards, Or Other Online Payment Means. Fa...