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Effectiveness of Cybersecurity in Preventing Cyberfraud

Dr. Bhawna Sharma

Page No. : 63-67

ABSTRACT

The rapid digital transformation of businesses, financial institutions, and government agencies has led to an increased risk of cybercrimes, particularly cyberfraud. Cyberfraud refers to fraudulent activities conducted via the internet, often involving deception, theft, and data breaches. Cybersecurity measures have become crucial in combating these threats, safeguarding sensitive data, and ensuring the integrity of online systems. This research paper explores the effectiveness of cybersecurity in preventing cyberfraud, analyzing the types of fraud, the role of various cybersecurity techniques, and the challenges that organizations face in implementing these measures. The paper concludes with recommendations for enhancing cybersecurity strategies to better prevent cyberfraud.

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