Internet crime is increasing rapidly as more and more people are using the internet to make financial transactions

Band 7 Sample Answer, Some people believe Money is the most important factor

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Internet crime is increasing rapidly as more and more people are using the internet to make financial transactions. What can be done to tackle this problem?

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Numerous people find it convenient to transfer their money by using the internet. Consequently, the number of internet frauds is inflating dramatically, which should be curbed to make online transactions safe and reliable. Governments, police, and the public can take initiatives to deal with this issue.

Firstly, proper education and awareness of people about online money transfer can play a vital role to control such crimes. Due to a lack of awareness, some people provide their confidential information. Many people around the world receive fake calls from fraudsters, who dupe them of their money using unethical means such as cloning of card or using the lack of knowledge against people. To deal with it, bank authorities and governments can propagate awareness among them. For instance, the authorities can send text messages and advertise about some related incidents to spread knowledge.

Furthermore, the police should use their cyber cells to identify the perpetrators of internet crimes. Some strict laws should also be implemented to raise the sense of fear to attempt the crimes. Despite it, people should be more responsible and sensitive to curb online financial frauds. To exemplify, the people should inform the police and other authorities immediately if they receive any fraud call or message and know about any suspicious activity around their vicinity. In this way, people, governments, and related authorities combined initiatives can tackle this problem.

To conclude, online financial frauds are a severe problem in contemporary society. However, it can be curbed judiciously by spreading awareness among people and by imposing strict laws against the fraudsters.