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

Essay topics:

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?

These days, online offence is escalating drastically because considerable number of people are accessing various websites for money transfer. In my opinion, I consider that companies should strengthen internet safety and public's data protection and government ought to enforce strict laws and regulations against cyber crime.

To commence with, in the modern digital world, there is tremendous surge in internet usage for business and personal financial transactions and this trend eventually results in an immense growth in the fraud, identity theft and financial cyber crime. For example, in the domain of digitization, people infrequently contact bank staff but rather interact almost entirely using digital channels and due to these changes increased vulnerability of malicious financial fraud by fraudsters in numerous ways such as, credit and debit cards identity thefts, ATM frauds.

However, there are different steps could be taken to mitigate the internet security issues. The most vital thing to get protection against cyber crime is that passwords for login on finance related websites including banking, investment etc, should be long enough and complicated that could not be easily recognizable and ought not to share password protected sites with anyone . For instance, many hackers enters in the password secured websites by exploiting people's weak passwords so it is imperative to create strong passwords by using combinations of upper case, lower case alphabets, numbers, signs and others. Furthermore, people should utterly avoid the use of dubious sites and should not share personal information on those sites. To illustrate, gangs of web attackers generally design malware websites of banking or other finance related institutions and hack people's personal data and other secure information by these fraudulent websites to transact money from their account.

Finally, government and financial companies and banking sectors should imply strict and tight guidelines to make sure customers' data security at high level. As an example, hackers generally breach companies online security system by getting well acquainted with their protection system. Therefore it is extremely essential for financial institutions, to continuous monitoring of various steps of security, instant action on any risk of fraud, authentication of customers, detection of transactions, prompt response to any suspicious activities.

In conclusion, while digital platforms are at high risk of cyber crime, I believe that strong network of security measures taken by financial organizations in the forms of uncrackable security code system to ensure consumers' personal data protection and laws and regulations enforced by government against fraud activities, could ultimately tackle with this arduous online crime issue.

Votes
Average: 7.9 (2 votes)
This essay topic by users
Post date Users Rates Link to Content
2020-07-03 kamalena 89 view
2020-06-28 sheetal340 79 view
Essays by user sheetal340 :

Comments

Grammar and spelling errors:
Line 1, column 1, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: These
these days, online offence is escalating dras...
^^^^^
Line 5, column 378, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Don't put a space before the full stop
Suggestion: .
...are password protected sites with anyone . For instance, many hackers enters in th...
^^
Line 7, column 72, Rule ID: DID_BASEFORM[2]
Message: The verb 'should' requires the base form of the verb: 'imply'
Suggestion: imply
...al companies and banking sectors should implies strict and tight guidelines to make sur...
^^^^^^^
Line 7, column 121, Rule ID: POSSESIVE_APOSTROPHE[1]
Message: Possible typo: apostrophe is missing. Did you mean 'customers'' or 'customer's'?
Suggestion: customers'; customer's
...trict and tight guidelines to make sure customers data security at high level. As an exam...
^^^^^^^^^
Line 7, column 290, Rule ID: SENT_START_CONJUNCTIVE_LINKING_ADVERB_COMMA[1]
Message: Did you forget a comma after a conjunctive/linking adverb?
Suggestion: Therefore,
...cquainted with their protection system. Therefore it is extremely essential for financial...
^^^^^^^^^

Transition Words or Phrases used:
but, finally, furthermore, however, if, so, then, therefore, well, while, for example, for instance, in conclusion, such as, in my opinion

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 11.0 13.1623246493 84% => OK
Auxiliary verbs: 10.0 7.85571142285 127% => OK
Conjunction : 21.0 10.4138276553 202% => Less conjunction wanted
Relative clauses : 4.0 7.30460921844 55% => More relative clauses wanted.
Pronoun: 17.0 24.0651302605 71% => OK
Preposition: 58.0 41.998997996 138% => OK
Nominalization: 18.0 8.3376753507 216% => Less nominalizations (nouns with a suffix like: tion ment ence ance) wanted.

Performance on vocabulary words:
No of characters: 2418.0 1615.20841683 150% => OK
No of words: 414.0 315.596192385 131% => OK
Chars per words: 5.84057971014 5.12529762239 114% => OK
Fourth root words length: 4.51076378781 4.20363070211 107% => OK
Word Length SD: 2.87854901272 2.80592935109 103% => OK
Unique words: 240.0 176.041082164 136% => OK
Unique words percentage: 0.579710144928 0.561755894193 103% => OK
syllable_count: 750.6 506.74238477 148% => OK
avg_syllables_per_word: 1.8 1.60771543086 112% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 3.0 5.43587174349 55% => OK
Article: 1.0 2.52805611222 40% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 7.0 4.76152304609 147% => OK

Performance on sentences:
How many sentences: 13.0 16.0721442886 81% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 31.0 20.2975951904 153% => The Avg. Sentence Length is relatively long.
Sentence length SD: 82.6197535014 49.4020404114 167% => OK
Chars per sentence: 186.0 106.682146367 174% => OK
Words per sentence: 31.8461538462 20.7667163134 153% => OK
Discourse Markers: 10.6153846154 7.06120827912 150% => OK
Paragraphs: 5.0 4.38176352705 114% => OK
Language errors: 5.0 5.01903807615 100% => OK
Sentences with positive sentiment : 5.0 8.67935871743 58% => More positive sentences wanted.
Sentences with negative sentiment : 8.0 3.9879759519 201% => Less negative sentences wanted.
Sentences with neutral sentiment: 0.0 3.4128256513 0% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.170694899047 0.244688304435 70% => OK
Sentence topic coherence: 0.0610052321043 0.084324248473 72% => OK
Sentence topic coherence SD: 0.040717944238 0.0667982634062 61% => OK
Paragraph topic coherence: 0.0929582873276 0.151304729494 61% => OK
Paragraph topic coherence SD: 0.0395602539119 0.056905535591 70% => OK

Essay readability:
automated_readability_index: 22.0 13.0946893788 168% => OK
flesch_reading_ease: 23.09 50.2224549098 46% => Flesch_reading_ease is low.
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 17.7 11.3001002004 157% => OK
coleman_liau_index: 17.18 12.4159519038 138% => OK
dale_chall_readability_score: 10.25 8.58950901804 119% => OK
difficult_words: 133.0 78.4519038076 170% => OK
linsear_write_formula: 15.0 9.78957915832 153% => OK
gunning_fog: 14.4 10.1190380762 142% => OK
text_standard: 18.0 10.7795591182 167% => OK
What are above readability scores?

---------------------

Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 Out of 9
---------------------
Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.