electronic fraud JUST WRITTEN FOR YOU
/ɪˌlɛk.trɒn.ɪk ˈfrɔːd/ · e.lec.tron.ic fraud
noun
- The use of electronic devices and technology to deceive or cheat individuals or organizations for financial or personal gain The company suffered significant losses due to electronic fraud, which involved hackers stealing sensitive customer information.
Synonyms
Did you know? The first recorded case of electronic fraud dates back to the 1970s, when a group of individuals used a computer to steal millions of dollars from a bank. Since then, electronic fraud has become a major concern for individuals and organizations worldwide, with the rise of online transactions and digital technologies.