The term “cyber crimes” generally refers to any type of fraud that uses emails, online advertisements or web sites to solicit prospective victims, conduct fraudulent transactions or transmit proceeds from the scheme to financial institutions.
Although cyber crimes may reach unsuspecting individuals worldwide in a matter of seconds, defense against cyber crime charges requires the knowledge and experience of white collar defense attorneys who have spent decades investigating, defending and prosecuting fraud.
Increasing Prosecution on Cyber Crime
The frequency of prosecutions in this area is increasing and the penalties are severe. The U.S. Department of Justice has criminally prosecuted defendants for identity theft, false online auctions and internet investment schemes.
Additionally, the Federal Trade Commission has investigated multiple retail schemes, and the SEC has sought enforcement actions for numerous Internet market manipulation schemes. The latter are characterized by the dissemination of false information on the internet to effectuate dramatic, upward price shifts in stock price and the subsequent sale of such stocks when the market is artificially high.
Hilder & Associates, P.C., has advised and represented targeted individuals and businesses accused of complex fraud schemes in both the criminal and civil litigation context. We have also launched internal investigations to reveal fraudulent schemes of which the business or client was unaware and helped set up mechanisms to prevent such activities from beginning.
Types of Cyber Crime
Common cybercrimes associated with white-collar offenses often involve sophisticated methods to exploit technology for financial gain or to gain unauthorized access to sensitive information. Here are some examples:
Phishing and Social Engineering:
Deceptive attempts to acquire sensitive information through misleading emails or messages, often with the goal of exploiting individuals.
Business Email Compromise (BEC):
Unauthorized access to business email accounts with the intention of deceiving employees or clients, typically for financial gain or sensitive information.
Insider Threats:
Occurrences where employees, intentionally or unintentionally, pose a risk to the organization’s security or interests, potentially leading to harm.
Ransomware Attacks:
Instances where malicious software is used to encrypt data, often accompanied by demands for payment in exchange for restoring access.
Identity Theft:
Unauthorized use of someone’s personal information, such as Social Security numbers or credit card details, for various deceptive purposes.
Data Breaches:
Unintended exposure of sensitive information, potentially affecting individuals or organizations due to unauthorized access to databases.
Financial Fraud:
Deceptive activities carried out with the intent of financial gain, often exploiting digital platforms for various fraudulent internet schemes.
Intellectual Property Theft:
Unauthorized acquisition or use of intellectual property, including trade secrets or copyrighted material, potentially impacting businesses or individuals.
Contact Us For Defense Against Cyber Crime Allegations
For more information or to schedule an appointment with an experienced lawyer regarding an internet fraud charge or any other white collar criminal matter, please contact us. You can call us toll-free at 888-659-8742 or locally at 713-234-1416.
