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- Fraud and cybercrime are related but distinct concepts12:
- Fraud involves trickery to gain a dishonest advantage, often financial.
- Cybercrime refers to criminal acts related to computers and networks.
- While they overlap, fraud is specifically carried out for financial gain.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Fraud is when trickery is used to gain a dishonest advantage, which is often financial, over another person. Cyber crime is any criminal act dealing with computers and networks. There are many words used to describe fraud: Scam, con, swindle, extortion, sham, double-cross, hoax, cheat, ploy, ruse, hoodwink, confidence trick.www.actionfraud.police.uk/what-is-fraudFraud and cybercrime can both keep key stakeholders in a business awake at night. But these threats are often driven by very different malicious motivations. In the end, the two threats overlap but are very different. Fraud is a crime carried out for financial gain.ibrs.com.au/practices/cyber-risk/the-difference-bet… - People also ask
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