Fraud in electronic commerce

Author:Valentin-Stelian Badescu
Position:Lumina'-University of South-Eastern Europe, Bucharest, Legal Research Institute of the Romanian Academy, Lawyer in the Bucharest Bar
Pages:8-20
FRAUD IN ELECTRONIC COMMERCE
Lecturer Valentin Stelian BDESCU
1, PhD
Abstract
Electronic commerce is experiencing a great extent, and about the same extent frau d seeks - and sometimes is
the pla ce to impressive levels. Moreover, computer fra ud and, the acto rs' they do not seem to suffer from th e global
economic recession a nd get as sophisticated as a legitimate business model a nd one of the most importa nt dimensions
of the work of modern organizations is the ma nipulation of information (collection, pr ocessing, stora ge, distribution,
etc.). This component informationa l increa singly involves broa der a nd more complex, with the technologica l
advancement of computer science and globalization of human society, specia l measur es to ensur e th e secur ity of
information. Cyber-crime is a n illegal act committed by using a computer n etwork (especially Inter net). Cyber-cr ime is
a subset of cybercrime.
Keywords: e-commerce, cybercrime, system vulnera bility, criminal business la w
JEL Classification: K14
1. Argumentum
Today, more than ever, the world is changing rapidly, globalization and internationalization
are forming determinants of contemporary developments. In addition, this development is supported
by digitization (software) and computerization (equipment) economic and social life, two trends
that have monopolized the last decade . Companies operating internationally are made in the
fortunate position of no longer prevent the natural borders of each country in their business
processes. Moreover, we have a shift in trade flows, capital and production, from national to
international channels. Operating campaigns, in such systems, are often large companies, and even
multinational companies.
Use intensively, IT resources supporting companies, managers of any kind, which gives
generous opportunities to improve performance. The production process can be organized more
efficiently and economically by taking activities and their implementation by computer. Electronic
forms achieved flexibility and the option to request assistance, as required, and resources search,
ultimately leading to an increase in information quality. As a natural consequence, require
digitization and computerization , economic, appeared commerce. This was possible due to the
scale , the last time in use, the most important vehicle for information transmission " - the Internet.
It represents the most extensive and complex way of communicating and a simple, but fast access to
information around the globe.
2. Internet support - electronic fraud
Multiplication and expansion of e-commerce can not be separated from the challenges of
fraud , money laundering , tax evasion and the like. Thus, it can put a number of questions , whether
electronic forms of money will lead to an increase or decrease in these activities. Fraud, in general,
has always been a major problem, but joining the Internet, e- mail and electronic banking operations
have developed interest offenders to behave in a new environment , bringer of money easier and
impressively large.
Risk analyzes performed so law enforcement authorities specialists , as well as those of the
various institutions involved in the use of IT services , in particular electronic commerce, confirms
the existence of forms of fraud which include Internet auctions, commodity supplies, cards credit,
investment and international letters.
1 Valentin Stelian Bdescu - „Lumina” - University of South-Eastern Europe, Bucharest, Legal Research Institute o f the Romanian
Academy, Lawyer in the Bucharest Bar, valentinbadescu@yahoo.com

To continue reading

Request your trial