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Question

A factor which might cause an individual to consider using a computer in criminal activities is?

A
The computer's access to large sums of money
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B
The speed with which the crime can be accomplished
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C
EFTS(Electronic Funds Transfer System)
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D
All of the above
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E
None of the above
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Solution

The correct option is D All of the above

A factor which might cause an individual to consider using a computer in criminal activities is The computer's access to large sums of money,The speed with which the crime can be accomplished and EFTS(Electronic Funds Transfer System).

There are four major categories of computer crime: internal computer crimes--trojan horses, logic bombs, trap doors, worms, and viruses; telecommunications crimes--phreaking and hacking; computer manipulation crimes that result in embezzlement and fraud; and traditional thefts of hardware and software.

Look out for transfer charges and overseas bank receiving fees. If you are an NRI, and wish to send money to India for purchasing property, you can send up to US$14,000 per person per year tax-free. For any amount that exceeds this limit, U.S. taxes will apply.

EFT are electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff.


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