Tips on How to Avoid Becoming a Victim of Fraud

Fraud has been one of the main issues in the online world for many years and millions have already fallen victim to this criminal activity. Last year, internet fraud made millions of people cancel their credit or debit cards. Every 15 seconds someone becomes a victim. We understand the troubles involved in this, so we provide some tips discussed in the following paragraphs to help you protect yourself from fraud.

All personal information should be kept private. You need to confirm first the credentials of the people or organizations you might be dealing with online. Don’t trust a person right away and don’t give him/her your full name, address and contact numbers. Pause before handling over important details. Fraudsters often aim to obtain more information about you from “cold-calls” equipped with only minimal information about you. Quickly end a phone call if you find it suspicious.

Be extra careful when using ATMs or cash machines. 1 out of 10 people had their card duplicated because such machines can be fitted with a device that could clone or trap your cards. Perform some research online about the latest modus operandi of fraudsters on this matter to be able to protect yourself better. Check for any signs of tampering before withdrawing some cash, and if you notice something strange in a machine, report it to the bank or police.

Regularly check your statements. People don’t usually make an effort to read online bank statements these days, resulting in overlooked bills. By checking your statements all the time, you can make sure that there’s nothing questionable in your transactions and if you find one, quickly report it to your bank or card provider.

Purchase a paper shredder. We recommend shredding your receipts, statements or invoices as well as your old cards or other things that show your personal details such as your full name and address because fraudsters sometimes clone your identity through those papers. Protect your personal information today and invest in a shredder.

If you receive an email claiming that they are from your bank and asking you to click on a certain link to confirm your banking details, ignore it. Such emails are only a phishing scam sent by fraudsters. Don’t be fooled and contact your bank instead. Some phishing emails also include free trials or gift coupons. Be vigilant on each email you receive from an unknown sender.

This has been discussed before but it is really important to create a strong and unique password. Passwords should be a minimum of eight letters with a combination of characters, letters, and numbers. It would be better if your password is more complex. Change it regularly and don’t use your name or birthday as your password. You can also use a password manager to monitor all your passwords.

Keep your antivirus updated and make sure the firewall is active because thousands of new viruses are detected every year that could steal your personal information. With this, you can protect your unit from dangerous downloads. Ensure that your internet browser security settings are also set to a high level of security.

To get extra protection and peace of mind when shopping online, consider the service of “Verified by Visa” or checkout with Mastercard SecureCode. With this, your online transactions will have an extra layer of security.

You need to regularly check your credit file because it can alert you with unrecognizable entries or potentially fraudulent activities. Some credit reference agencies offer 30-day free trials. Identity protection services can also keep track of your credit report.

Similar Articles

Tips on How to Avoid Beco... Fraud has been one of the main issues in the online world for many years and millions have already fallen victim to this criminal activity. Last year,
How Well Do Consumers Kno... Experts say that some consumers are too confident in determining scam messages, resulting in their own defeat. Several companies and consumers today see cybersecurity threats as a
8 Tips To Avoid Identity ... Millions of people had been victims of identity theft last year. This year has no difference; in fact, the numbers were increasing each day. As a committed
15 Tips To Avoid Credit C... A person that has been a victim of fraudsters could mean that he or she is not fully protected by his or her bank. We suggest that
Tips on How to Stay Safe ... Next year is another year of challenge for security experts to provide the best protection to the consumers. We are living in an age where new ways
How is the Internet Secur... Life used to be simpler in the past few years where we don't have a hundred apps on our mobile devices. But due to the increased usage
5 Useful Steps To Protect... We aim to provide helpful ways for you to find out if your identity has been stolen or not with this article. Ask yourself, "Is my identity
Simple Tips On How to Pro... Another year is getting closer and we are certain that criminals residing online will find new ways to commit their wicked activities. We understand that each individual
5 Tips to Strengthen the ... According to certain studies in the past few years, websites that are using WordPress are prone to cyberattacks. Some of the primary reasons why websites get hacked
Tips to Protect the Inter... Doing business today often involves cybersecurity. As a small business owner, you should know how to best allocate your resources and security shouldn’t be breaking down your