What activity is included under E-Fraud?

The correct answer involves unauthorized credit card use, which is classified under E-Fraud due to its nature of occurring in the electronic environment. E-Fraud encompasses various forms of fraud that utilize online or electronic systems, targeting digital transactions and assets. Unauthorized credit card use typically happens when a fraudster gains access to someone’s credit card information online, potentially through data breaches, phishing, or other cyber means, and then uses that information to make purchases without the consent of the cardholder.

This type of fraud directly relates to electronic transactions, which is a hallmark of E-Fraud activities. In contrast, other forms of fraud mentioned, such as check fraud at physical banks or cash theft from ATMs, do not primarily involve electronic systems. Wire transfer scams, while electronic, often fall under different classifications based on their specifics and are not solely considered e-fraud. This context reinforces why unauthorized credit card use is the quintessential example of E-Fraud.