Cyber Fraud in Relation with Cyber Crime Critical Study

Abstract

In this digital era, cyber fraud is a constant and ever-changing danger that governments, companies, and people throughout the globe face. This critical research examines the complex relationship between cybercrime and cyberfraud, looking at its many facets as well as its effects, legal frameworks, technical solutions, and ways to stop or lessen it. This study delves into the many forms and techniques of cyber fraud, the economic, social, including psychological effects, and the efficacy of legal and regulatory countermeasures. It does this via theoretical examination, empirical research, through case studies. In addition, it finds proactive ways to strengthen cybersecurity resilience and investigates how cryptography, authentication, intrusion detection systems, AI, and ML fight cyber fraud. The goal of this project is to help improve cybersecurity in a digital environment that is becoming more linked and susceptible to cyber fraud by expanding knowledge about cyber fraud and providing evidence-based solutions to avoid and respond to it.