What are some common online fraud schemes to be aware of and how can I protect myself from them?
It's important to be aware of common online fraud schemes in order to protect yourself. Some examples include phishing scams, where fraudsters attempt to trick you into revealing your personal information, such as passwords or credit card details, through emails or fake websites. Another common scheme is the "grandparent scam," where scammers pretend to be a grandchild in distress and ask for money. To protect yourself, it's crucial to be cautious of unsolicited requests for personal information, use strong and unique passwords, keep your devices and software up to date, and verify the authenticity of any requests for money or sensitive information before taking any action.
One common online fraud scheme is called "card cracking," where fraudsters convince victims to share their debit card and online banking credentials in exchange for a cut of the stolen funds. Another common scheme is the "advanced fee fraud," where scammers promise victims a large sum of money in exchange for paying a small fee upfront. To protect yourself, make sure to provide your debit card and online banking credentials to strangers online and always be willing to pay upfront fees for promised financial gains.