What is defined as E-Fraud?

E-Fraud is defined as fraudulent activity conducted via the Internet, which encompasses a wide range of illicit behaviors that exploit online platforms. This definition aligns with the modern context of fraud, where technological advancements have led to the emergence of various online scams, identity theft, phishing attacks, and other malicious actions that target individuals and organizations through digital means.

The growth of the Internet has revolutionized how fraud is perpetrated, making it more accessible and often harder to trace than traditional methods. As consumers increasingly engage in e-commerce and online banking, the need to understand and combat E-Fraud becomes critical for protecting sensitive personal and financial information.

Other definitions provided in the options, such as fraudulent activities conducted through physical means, by bank tellers, or related solely to checks, fall outside the scope of E-Fraud. These methods do not leverage the Internet as a medium for fraudulent activities, which is the distinguishing characteristic that categorizes E-Fraud. Understanding this distinction is important for anyone involved in payment systems and fraud prevention.