Cyber Fraud – How To Be Careful?
If you get a call from an unknown number saying that your account is blocked and needs your OTP to solve it for free, or they have the best loan plans for you, it’s time for an alert! Beware! These are the schemes of con artists to cheat you of your hard-earned money. In simple terms, they will try to trick you into sharing your personal information, leading to cyber fraud.
However, desperate people looking for cash won’t be searching google for digital lending platforms. They need Cash. Quick and easy. And that makes them scammers- easiest targets. Cybercrime is like a parasite that can wreak havoc in victims ‘ lives from identity theft, stalking, bullying, hacking, piracy, and financial fraud.
Unfortunately, the pandemic has only accelerated the trend of online fraud, be it for supporting Covid funds or buying medicines and oxygen supplies from third parties; financial frauds are on the rise. Sadly, with the increasing internet fraud penetration and mobile transactions, the awareness about cybercrimes has not been up to pace, making the ‘unaware’ the easiest fraud targets.
As precaution is the best cure, why not take safety measures from the very start rather than to be affected at the end, right?
- Strong passwords
Passwords such as your name with your date of birth, or something related to personal life, are easily understandable and hackable. So, always keep unique and strong passwords, change them from time to time, and NEVER repeat it across websites or sign-ins. If you do so, you are asking for trouble.
- Manage your social media
Nowadays, social media applications are innumerable- Facebook, Instagram, Snapchat, and more. So it’s essential to keep your personal information such as mobile number, email, and photos locked down.
All these social media applications have two-factor authentication to protect yourself from fraudsters trying to cheat or hack your account.
It provides an added layer of security wherein someone tries to hack your account with your password, you will get a code on your phone or email, and you would know someone is trying to hack into your social media profile!
- Update your software
When our parents or adults say, “today’s problem is technology’ well, we can agree to some extent that maybe technology does create more problems than solutions. The frauds have been increasing tremendously, and one of the most common reasons is software updates. Try to update your tech gadgets from time to time, as hackers would know way before you the flaws in operating systems and target you accordingly.
- Aware your children and family members about internet frauds and security
As we evolve and move into the era of advancement, even small kids have phones, which means they are vulnerable to disclosing personal information. So you need to sit with your family members and make them understand how bad cyber fraud can be. It might be hacking or bullying at best, but the worst-case scenarios are identify thefts, financial frauds, and the list goes on.
To take precautions and improve your awareness of such crimes, you don’t need an expert guiding you, and rather YOU CAN BE THE EXPERT.