General words
Computers, the Internet, and other electronic medium are the tools that facilitate the instant exchange and distribution of data, images, and materials. The fraudulent activities of IT are termed as cyber-crime. It is also called as e-crime, hi-tech crime, account Hacking or electronic crime.
Cyber crimes in Banking Sector (Globally)
1. Stealing of personal information of >2.9 million credit card customers of Barclays and Santander Banks UK in 2013.
2. Missing $ 450,000 from the bank account of a Pennsylvania...