An Investigative Study of Banking Cyber Frauds with Special Reference to Private and Public Sector Banks, Research Journal of Management Sciences , 2(7), 22-27 July. Frauds in the Indian Banking Industry Abstract1 The Indian banking sector has experienced considerable growth and changes since liberalisation of economy in 1991. Most participants therefore agree that one effective way of combatting the increase of online fraud is education and regular updating of knowledge. Drilling down further, online shopping fraud rose dramatically last year in these two categories: Shipping fraud occurs when a criminal uses their address for the delivery of stolen goods purchased online. Cyber-crimes are the hurdles in the road of success of online business. This paper draws attention to the various problems, cause of the cyber-crime and prevention for the same. There have been many cases where innocent customers have been defrauded through online transaction without the use of proper anti-virus installation. ... a study reveals that there has been an increase in banking fraud around the globe. Growing trend of cyber frauds with growth in NEFT/RTGS transactions Growing trend of cyber frauds with growth in mobile banking transactions 0.10 0.20 0.30 0.40 0.50 0.60 0.70 0.80 0.90 11-12 12-13 13-14 14-15 200 400 600 800 1,000 1,200 ... 2. Though the banking industry is generally well regulated and supervised, the sector suffers from its own set of challenges when it comes to ethical practices, Contents1 1.0 Introduction2 1.1 History of Phishing and Pharming3 2.0 What is Phishing Attack4 2.1 Techniques of Phishing Attack5 2.1.1 Sending Email6 2.1.1.1 Figure 1:Example ofFake Email From eBay 17 2.1.1.2Figure 2:Example ofFake Email From eBay 28 2.1.1.3Figure 3: Example of Masked Link9 2.1.2 Keylogger10 2.1.2.1Figure4: Example ofKeylogger Detected11 2.1.3 Create Look Alike Web Interface … Current fraud trends in the financial sector … PwC. Rates of … Preventing Data Security Breaches And Identity Thefts Information Technology Essay. E-commerce Fraud Increased 30% in 2017.