Since its inception in the 1980’s, the Internet has become the best thing since sliced bread. It has its numerous advantages that Inexhaustibly include: shopping for things online, job hunting, entertainment, research and exploring the world. It makes life super easy. But like the edges of a sword, if you are not careful, fraudsters will cash in on your ignorance and rip you off – defrauding your hard earned money. They will rob you of your fortune and before you could realize, it is already too late, like a scale falling from your eyes. Sometimes, people make themselves vulnerable online, for example providing much private information on their social media handles which fraudsters use as tools to strike. Fraudsters are clever that they go extra lengths to pull a fast one on their victims. They tend to change their tricks once people decipher them. These are examples of online scams, learn and keep yourself safe from being duped.
1.Email scam: Email scam also called phishing is a type of scam in which Emails containing dubious and fraudulent links, are sent to you claiming to come from a legit source – like your insurance company, bank, or online vendor. Asking you to update your credentials. Click on the link, you will be redirected to a page they carry out their infamous activities with, similar to the original site. You would be required to key in your details and voila; you are surely prone to a cyberattack. The best way to not fall for it is to ignore the mail entirely or delete them. Message or call the company through their official Email and hotline to confirm if they actually sent the mail.
2.Pharming: Pharming involves directing the traffic meant for a website to a different one that is usually fake. It is meant to obtain the details of people visiting the website and used for different cybercrimes.
3.Social media scam: Social media is where we keep in touch with family, friends and loved ones, but a dumping ground for fraudsters to carry out mischief. They use different social media platforms like Facebook, Instagram, Twitter etc to scam gullible people. They may send you a malicious link to a website that once clicked, your account will be hacked and used for dubious purposes. Most times, they use a hacked account belonging to a friend or relative to request for money, claiming that they are in danger and need help. Give them a listening ear and you’ll end up sending your money to a stranger. To avoid this type of scam, try contacting your loved ones off social media to be sure.
4.Frauds from online transactions: Whenever you want to buy or sell anything online, make sure it is from a legitimate source. You may get bogus offers from different sites that are too good to be true, use your intuition, it may be a scam.
5.Scams from online dating: This type of scam is skyrocketing. Dating sites are where people can actually hookup to date, but fraudsters have turned them to a hub where they try to form a love affair, usually with a legit user and over time, convince them to send some amount of money.
6.Credit card scams This is mostly carried out via calls, short messaging services, or submitting your card information on fake websites, promising mouth watering offers.
7.Identity theft : As the name implies, identity theft involves use of another person’s identity to impersonate and gain an advantage, usually a financial one. The information normally used include: credit card and bank account details, name, signature, pin and other information. Fraudsters are everywhere but one thing is paramount: don’t be a prey!