Effects of Phishing on E-Commerce with Special Reference to India
Amita Verma · Advances in e-business research series · 2013
Phishing is one of the fastest-growing Internet crimes in recent history. Millions of people are affected, and billions of dollars are stolen. Phishing is a technique used to extract personal information from victims by means of deceptive and fraudulent emails for identity theft. As a result of this, the organizations as well consumers are facing enormous social and economic effects. Phishing is causing two-way damage. This chapter lists the effects of phishing to e-commerce and summarizes techniques available that can be used to prevent phishing with special reference to Indian laws.