The Best Way to Defeat Online Scams is to Fully Understand What You’re up Against
Online scams are a shift from the traditional day-to-day fraud that we are familiar with, to the online space, driven by cybercriminals who use the internet as their arena to operate.
A cybercriminal’s main objective is to secure important credit card details and obtain sensitive private information for identity theft purposes. The following represent the most common scams of 2020.
Forex Scams
Unauthorized forex trading firms create the illusion that the client is trading when in actual fact, it’s all a simulation.
Romance Scams
Romance scams take place when a scammer adopts a fake online identity to gain a victim’s affection and trust.
Grandparent Scams
Grandparent scams exploit the elderly where scammers pose as grandchildren that require urgent help.
Charity Scams
Charity Scams seek donations for fake organizations allowing the scammer to pocket all the money.
Phishing Scams
Phishing scams use social engineering attacks to steal user data, including login information and credit card numbers.
Cryptocurrency Scams
Cryptocurrency scams accounted for around $4 billion in stolen funds in 2019.
Adoption Scams
Adoption scams generally refer to a situation where a person defrauds money from hopeful adoptive parents with no intention of placing a child up for adoption.
Gift Card Scams
Gift card scams are a popular choice for scammers as gift cards are almost as untraceable as cash and are a lot more transferable.
IRS Scams
IRS scams involve contact by a scammer disguised as somebody from the IRS seeking to collect overdue taxes.
If you have previously been scammed or currently involved in a scam involving forex, binary options, cryptocurrencies, or any of the myriad of scams out there, please connect with us and leave your details below. We would be happy to discuss your case and see how we can assist.
