Bank fraud, $53 million, which is a total increase of. 48 million since the 12th first case of online banking fraud reported in the year. Fraud and Abuse Cases Health care fraud and abuse continue to threaten the nation, costing institutions billions of dollars annually. Brodeur, 2007, stated that fraud is something difficult to understand because it is a contagious problem. According to Brosman amp oper 2007, healthcare fraud and abuse is the most profitable thing one can participate in. Understanding the key determinants of Internet banking adoption is important for banks and users. Our understanding of the role of users' perceived risk in Internet banking adoption is limited. .If you need to access online banking or mobile banking with public Wi-Fi, here are some tips to stay safe. Turn off public file sharing. Find out how to do this for your operating system. Stay with. Today's Threat Landscape Online banking is becoming increasingly popular as it brings convenience, simplicity and speed to consumers. Common techniques deployed today by fraudsters to obtain user online banking account login credentials include phishing, pharming, keylogging, man-in-the-middle and man-in-the-browser attacks. Summary: Internet banking has become one of the fastest and easiest ways to carry out banking transactions. The cyber threat. Security attacks pose a major challenge for Internet banking and electronic services. Bank fraud cases in India. The first major financial fraud in India was the LIC Mundhra scam, LIC was manipulated into buying shares. from companies owned by Haridas Mundhra. Another scam, known as Vanishing Bank scam, estimated to run into millions of rupees, has been exposed in the years SEBI fraud, E-Banking, is a fraud or theft committed using technology Internet to illegally withdraw money from a bank account and/or transfer money to a bank account. account in another bank Raf ay, 2019. Internet.