How To Avoid Online Scams
Online scams often target personal information and money. Be vigilant and use trusted payment options such as PayPal.
Scammers also use phishing emails to trick victims into revealing their bank account details. They then take advantage of these details to steal their victims’ money. Despite awareness campaigns and improved spam filters, scams such as the Revolut scam text continue to occur.
Online Shopping Scams
Shopping online can be an excellent way to save cash and find a wide range of products. However, cybercriminals will always try to find ways to scam unwary shoppers. Whether they want to steal your credit card information, sell you fake products or simply trick you into spending more than you intended to, there are many different online shopping scams that can put your finances at risk.
The scam involves fraudsters posting ads on social media sites or other authentic sites that offer steeply discounted luxury items such as designer clothes, shoes, and electronics. The problem is that the items never arrive, or they are usually cheap knockoffs. A common shopping scam involves a fraudulent online shop that uses stolen photos and reviews to make it appear legitimate.
This type of scam also uses a fake URL. It’s best to only shop at trusted retailers who have well-known domains. Also, look for’s’ in the URL to ensure that the site is encrypted for your safety. Be sure to read the return and refund policy before you make a purchase.
It’s a good idea to stay away from retailers who only accept payment via wire transfers or pre-loaded gift card. This is because these transactions can fall into the wrong hands. When a retailer refuses to accept credit cards, which offer the best protection for your financial information, this is a big red flag.
Finaly, if the seller isn’t willing to accept no as an answer and is pressuring you to buy right away, this is a clear indication that they’re trying to scam you. Retail brands that have a good customer service reputation will not pressure their customers into making a purchase. Be wary of limited time sales, as they could be a way to pressure you into making a decision. If the offer seems too good to be true, it probably is.
Email became a popular way to defraud individuals almost as soon it was widely used. It is similar to how telephony or paper mail was in the past. Cybercriminals use email scams to steal credentials, intellectual property, money – anything of value.
Email phishing scams are among the most common types of online fraud and have become increasingly sophisticated, often looking, sounding, and reading very much like legitimate emails. They may impersonate trusted people (like your boss) to get you to do things – like send wire transfers, update payment information or click a malicious link to install malware on your PC.
These phishing schemes often use fear and urgency in order to make you act impulsively. For example, emails that claim that your account was hacked or that a link must be clicked immediately to verify identity. Some scams will tell you that you have a virus on your device, or in your email account. They may ask you to download “virus scanners” or enter usernames and passwords to a fake site, which is then sent directly to cybercriminals.
A bogus offer or discount is another popular email scam. Scammers offer popular products such as videogames or other items at a reduced price to encourage impulse purchases. These fake offers can be difficult to detect and result in financial loss.
Fake tracking or delivery updates are another common email scam. Scammers send fake tracking or shipping updates from well known companies, such FedEx or UPS, to trick unwitting recipients into clicking on links leading to dangerous websites.
Email scams can be a major risk for your business and cost you thousands in fines, fees and lost revenue. Educating your employees about different types of email scams can help prevent them from falling victim to these dangerous threats.
Mobile Phone Scams
Scammers have found ways to take advantage as mobile devices are becoming an extension of our identity. Phone calls are still a staple in scammers’ arsenals. They are used to trick victims into giving them their money or personal data over the phone.
One of the most common mobile phone scams involves calls from fictitious government agencies such as the IRS, Social Security Administration or immigration authorities. Scammers often use fear and urgency in order to get you act quickly. They may also demand money or personal data.
SMS phishing is another type of mobile phone fraud. A crook will use your mobile number and send you a message pretending to be from an official source, asking you to click on the link or reply with your account details. The links in the messages are usually laden with malicious software that can steal data or even hijack a mobile device.
When scammers have your mobile device’s phone number, they can also use it to sign up for cell phone service in your name. Once they do, they can call you at premium rates or make a missed call that causes your phone to charge you. This can add up fast.
To prevent mobile phone scams, beware of unauthorized calls and text messages, use caution when connecting to public Wi-Fi, don’t share your mobile password and keep your apps updated. If you’re unsure whether an app is legitimate, search for it on the Apple or Google Play stores to see what others have said about it.
Online banking is convenient, but it also makes it easy for scammers access your account. Hackers can steal your money and download malware on your devices if you don’t take the necessary precautions. They can also impersonate you in order to get your bank account password.
Fake emails or texts are often used in bank scams. They may claim that your bank will close your account and require you to log into a fake site or phishing website to verify your information. Or they may claim that you have won a prize, and you need to send the money. Some scams also attempt to gain your trust by impersonating a well-known company or government agency, such as the IRS.
When a scammer gains your trust, they might ask for your banking information to “verify a promotion,” or ask you to file official-looking forms related to current or previous fraud or tax issues. These scammers might use your personal or financial details to commit a number of crimes, including identity theft and money laundering.
Generally, if a deal sounds too good to be true, it is. You should also never respond to an email, text, or social media message that asks for your personal details. You will never be asked for your PIN number or checking account numbers via these methods.
Shady actors will often use scarcity or urgency to convince their victims that they are in a hurry or that there is a threat to their privacy or security. This is aimed at getting them to act quickly and without thinking. This high-pressure tactic is why you should have a trusted network of friends and family to help you detect a scam.