Fraudsters target individuals of all walks of life, ages, and income levels. There is no group of individuals who are more likely to be the victim of a scam, at some point all of us might be susceptible to a scam.
It’s easy to fall for scams as it looks real oftentimes and may catch you off guard when you least expect it. Scammers are becoming wiser and now take advantage of technology, new products, and significant events to produce credible stories that will persuade you to give them your money or personal information.
Here are the top ways to steer clear from scammers and protect yourself:
Be Extra Careful Whenever You’re Dealing With Money
Whether it’s over the phone, by mail, email, in person, or on a social media site, always consider the likelihood that something may be a scam especially when interacting with uninvited contacts.
When Interacting With Strangers, Keep Your Personal Information As Confidential As Possible
Before throwing out your bills and other significant documents, shred it and make sure it is unreadable. Your passwords and pin numbers should not be easily accessible and should be placed securely.
Be very cautious as well about how much private data you share on websites or social media. Fraudsters can use your photos and data to build a fake profile or target you with a scam.
Keep An Eye On Your Social Media Privacy And Security Settings
If you’re using social media sites like Facebook, Instagram, or Twitter, be cautious about whom you’re connecting with and understand how to use your privacy and security settings to make sure you’re protected. If you recognize dubious behavior or clicked on spam, take measures to safeguard your account and be sure to report it.
Find Out Who Exactly You Are Dealing With
If you’ve ever encountered someone on the internet and are uncertain about their legitimacy, take a bit of time to do a little more research. Do a reverse image search on Google or search the internet for others who may have been dealing with it.
Don’t entertain any phone calls asking for remote access to your computer. Instantly hang up even if they cite a well-known company like your bank or the lending services company.
Carefully Select Your Passwords
Use passwords that are hard to figure out and change it on a regular basis. A strong password should contain a combination of letters, numbers, and symbols in the upper and lower case. For each account/profile, do not use the same password and do not share your passcodes with others.
When Shopping Online, Be Extra Cautious
Protect yourself against offers that appear to be too good to be true, and use an online shopping platform that you recognize and trust. Think carefully before using digital currencies as they don’t have the same provisions as other payment methods, which means that once you send it, you can’t get your money back.
In this digital age, it seems like fraudsters and financial scams are lurking around everywhere possible – both online and offline. Some of them are difficult to catch as they are well organized. However, you can avoid becoming a victim by being informed and knowing the information above. Always remember that if it’s too good to be true, it probably is, so always exercising caution.