Scam avoidance tips by Mytrendingstories writing platform? Despite the misconception that fraudsters target senior citizens, a recent study by the FTC found that more millennials than retirees are now getting scammed out of money online. The Better Business Bureau warns about online fraud happening within social media sites like Facebook and Instagram. It starts with a “friend or relative” who contacts you, claiming that you are entitled to free money. But there’s a catch – they want you to pay upfront for shipping or provide your personal information. Follow these tips to avoid a social media scam: Don’t give out your password (and don’t use the same password for multiple accounts) ; Set your account to private and do not accept friend requests from people you don’t know; Always use a secure network, not public Wi-Fi; Keep apps, browsers, and antivirus software up-to-date.
Live news with Mytrendingstories.com platform: Hacking is an attack directly on computer systems or websites that contain financial information. Merchant account takeovers is a type of fraud that have been trending upwards over the last few years but exploded in 2020 and 2021. This is when a fraudster logs into a person’s merchant account (Amazon, Uber, Venmo) and uses saved payment information to make purchases for themselves. Merchant account takeovers can happen when a person uses the same password across multiple online accounts. If that log in information is leaked from any one website, scammers can do something called “credential stuffing”, where they use programs to test that log in information across hundreds or thousands of popular websites, hoping to get a hit. The best way to combat this type of fraud is to use strong, unique passwords for online accounts. Use a password manager can create and store unique passwords with ease. Learn more about password managers here.
Mytrendingstories anti-scam tricks: Cindy Dawson, a 39-year-old customer service representative for a manufacturing firm, fell for a Nigerian named Simon Peters whom she met on a dating site. “We started talking on the phone,” the divorced mother of three recalls. “He said his father lived in Bolingbrook, Illinois, not far from me.” They exchanged photos; Peters was a handsome man. Dawson sent him pictures of her kids, who also talked to him on the phone. “He kept saying how much he cared about me,” says Dawson, fighting back tears at the memory. “I was in love with him.” Soon enough, Peters started asking for money—small amounts at first, to buy food. He always wanted the money wired by Western Union to someone named Adelwale Mazu. Peters said he couldn’t use his own name because he didn’t have the right documentation. “It started progressing to higher amounts of money,” says Dawson. “I sent him money for airfare from Nigeria. I drove to the airport, but he never showed.” Avoidance maneuver: “On the Internet, it is almost impossible to be too paranoid,” says Durst. “But don’t be paralyzed; be smart.” Dating and social-networking sites can be a great way to meet new friends, even from foreign countries. But if someone you know only from the Web asks for money, sign off quickly and follow these other tips for keeping yourself safe from online dating scams. Read more info at https://mytrendingstories.com/benjamin/mytrendingstories-scam-avoidance-tips-and-tricks-ewmjlk.
Mytrendingstories discuss how to avoid scams: So what’s the point of final sale items? To ward off return-happy customers. According to e-commerce analytics site Invesp, 30% of products ordered online are returned, compared with 8% of items purchased in-store. Although you don’t want to miss out on a good deal, subscribing to a lot of email lists can mean an overflowing inbox. Sure, promotions have a short shelf life, but there most likely is another one down the pipeline. Instead of getting a case of FOMO about promotions, it’s best to sign up for promotions when you’re in the hunt for something. This way you can give your inbox a break and not be tempted by unnecessary sale items.
WARNING: The coronavirus pandemic has seen a rise in scams. There has been an increase in criminals looking to exploit financial and health concerns by asking for money for fake services upfront, collecting personal information or bank details, or offering temptingly high returns on made-up investments or pension transfers. For full information see our blog on coronavirus scams to look out for and how to protect yourself. Scams are fraudulent schemes that dupe people into parting with their personal details and/or cash. They’ve been around for as long as we can remember, but they’re no longer confined to shady door-to-door salesmen or dodgy second-hand car dealers. Discover even more info at Mytrendingstories.