Fraud

Fraud is a broad category of crime that can encompass many different activities. Essentially, any attempt to gain financial reward through deception is fraud. Two major subclasses of fraud are as follows:

  • Investment offers

  • Data piracy

The following sections briefly examine these classes of computer fraud.

Investment Offers

Investment offers are neither new nor necessarily illegal. In fact, cold-calling is a legitimate sales technique when selling stocks. However, the process can be used to artificially and fraudulently inflate the value of a target stock. The most common version of this is called the “pump and dump.” In this scheme, the perpetrators buy significant amounts of stock in a company that is relatively cheap, often penny ...

Get System Forensics, Investigation, and Response, 3rd Edition now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.