Online fraud refers to deceptive activities conducted over the internet to steal money or personal information. This can include scams like phishing, where fraudsters send fake emails pretending to be legitimate companies, tricking people into revealing sensitive data such as passwords or credit card numbers.
Another common type of online fraud is identity theft, where someone uses another person's information without permission to commit fraud. This can lead to significant financial loss and damage to the victim's credit score. It's essential to stay vigilant and protect personal information while using the internet to avoid falling victim to these scams.