Today, having uninterrupted internet connectivity has improved very much every aspect of our lives. That also means possible exposure to online scams while surfing the internet on any electronic device available.
There are many types of cybercrime existing in the present world. While it may be very difficult to find out all the types of cybercrime, one cant says it is going to stop. Because the dimension of cybercrime is continuously developed.
Of the vast range of cybercrimes, three common ways of fraudulence that occur with access to sensitive personal information include malware, phishing and scams. You need to have a service provider who offers better fraud prevention solutions.
Email Scams or Phishing
Most popularly known as ‘phishing’, this is an engineering method designed by fraudsters to gather personal information illegally. Using deceptive website links and emails, the goal is to trick the email recipient into believing that the message is something of their requirement while masquerading as a genuine person from a reputed company. However, once the link is clicked, it directs you to a phoney website which demands you disclose personal data and other bank details. Clicking on these links can also trigger harmful viruses to your computer.
The term malware refers to any malicious software that is intended to steal data, cause damage to your devices and create chaos you have no control over. Malware is also considered as a type of virus which is sent as email attachments, pop-ups, request letters, infected links, e-greeting cards, and also as a downloadable program. There are viruses that are also capable of locking down or crashing your computer and the files, whilst threatening to delete or erase everything unless you pay a sum they demand.
Illegal or false transactions also exist in webshops and other e-shopping portals. Unlike a physical store, fraudsters have the chance to get behind a phoney web address and bluff it is a business entity. This way, when an online payment is made if not careful the fraudster is able to gain access to your bank information digitally.
As there are numerous traps to fall into, you can still protect your personal data and devices from harmful threats on the web.
Tips to Avoid Frauds
- Use a Strong Password for Online Banking
While you monitor your bank card accounts regularly, it is also important to utilise strong unrecognisable passwords to secure your finances, after all, these are access keys to your money in the bank.
- Read and Check Emails Carefully
While you might never know who is behind the hoax, to avoid unnecessary phishing schemes, ensure that whenever you receive an email, they are read carefully. Pay meticulous attention to the details of your emails and from whom they are sent. Fraudsters use personal and work email addresses portraying themselves as someone else. However, what matters here are the details such as typos, the kind of financial urgency in the language used and suspicious names of people mentioned. You can always contact your bank to verify if a certain mail has been sent.