Can you explain what is meant by 'Fraud' in the context of information security or financial systems?

In the context of information security and financial systems, the term "Fraud" refers to deliberate deceptive actions aimed at obtaining illegal benefits. This can include theft of personal data, transaction forgery, use of stolen cards, falsification of documents, and other deception methods.

Example: an attacker may use stolen credit card data to make purchases, which is a form of fraud. Security and financial applications often implement mechanisms to detect and prevent fraud, such as analyzing anomalies in user behavior or checking suspicious transactions.