Meaning of “cyberfraud” in the English Dictionary

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(Definition of “cyberfraud” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"cyberfraud" in Business English

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cyberfraudnoun [ U ]

uk /ˈsaɪbəˌfrɔːd/ us INTERNET, LAW

a situation in which someone uses the internet to get money, goods, etc. from people illegally by tricking them:

Not only does cyberfraud inflict losses on the cardholders, but also the merchants, merchants' banks, and card issuers.

(Definition of “cyberfraud” from the Cambridge Business English Dictionary © Cambridge University Press)

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