Online Fraud Exposed: Tactics and Strategies of Cyber Scammers

Online fraud has become an increasingly prevalent and damaging issue in the digital age. Cyber scammers employ a wide range of tactics and strategies to deceive and exploit unsuspecting victims, resulting in substantial financial losses and compromised personal information. This review paper examines the current landscape of online fraud, exploring the various techniques employed by cybercriminals, the potential consequences for individuals and organizations, and the efforts undertaken to combat this growing threat [1]. By analyzing relevant literature and case studies, this paper aims to provide a comprehensive understanding of online fraud, its evolution, and the measures necessary to mitigate its impact. Additionally, a table is presented to summarize the techniques implemented in recent years, highlighting the rapidly evolving nature of cyber threats. The paper concludes with future recommendations and strategies to enhance online security and protect against fraud.