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International Journal of Law and Management: Does openness increase vulnerability to digital frauds? Observing social media digital footprints to analyse risk and legal factors for banks


Abstract
Purpose – The purpose of this study is to find out if there is a sequence or pattern to digital frauds and
whether the openness quotient of any individual has a meaningful role to play in them becoming victims of
digital frauds. The legal and regulatory angle of digital frauds and relief measures for social media openness
and frauds are discussed to examine the connection between openness, identity data, visibility, vulnerability,
digital frauds and social media sharing of information.
Design/methodology/approach – This study is empirical and investigative research. Primary data was
collected via questionnaires circulated among participants from various age groups to understand the
implications of different demographic factors such as age, websites used, profiles created and data shared on
the internet, social media and e-commerce websites.
Findings – The results exhibit that the openness factor does affect vulnerability and has an influence on the
risk and legal component of inclination towards digital frauds.
Practical implications – This research study results in bridging the gap by increasing the level of
understanding and awareness in users toward achieving proactive and regulated behaviour and comprehending
the violation of various acts of digital frauds and its implications, especially in the Indian banking sector.
Originality/value – This study will be beneficial to all individuals alike in understanding the implications
of excessive openness toward digital platforms and evaluating generic and legal solutions to avoid becoming
victims of digital fraud.
Nilaya Murthy - Personal Name
Santosh Gopalkrishnan - Personal Name
NONE
Text
ENGLISH
EMERALD INSIGHT
2022
ENGLAND
JURNAL ILMU HUKUM
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APA Citation
Nilaya Murthy. (2022).International Journal of Law and Management: Does openness increase vulnerability to digital frauds? Observing social media digital footprints to analyse risk and legal factors for banks.(Electronic Thesis or Dissertation). Retrieved from https://localhost/etd