Online Scams to Avoid in 2021: Protect Yourself and Your Pocketbook.
The internet has made our lives easier in many ways, but it has also made it easier for scammers to take advantage of our vulnerabilities. In fact, according to the FBI's Internet Crime Complaint Center (IC3), the number of reported cybercrime complaints increased by 69.4% in 2020 as compared to the previous year. This calls for extra caution while navigating the world wide web, especially when it comes to protecting your personal and financial information. Below are some of the most common online scams to watch out for in 2021.
1. Phishing
Phishing is a technique used by cybercriminals to obtain sensitive information such as usernames, passwords, and credit card details by posing as a legitimate entity. They usually contact you via email, phone or text messages and ask you to provide your personal information. Be wary of any unsolicited communication from individuals or entities asking for such information. To avoid falling prey to phishing scams, never click on links from unknown sources or provide your sensitive information to anyone.
2. Online Shopping Scams
Online shopping is convenient, but it can also be risky if you are not careful. Scammers create fake online stores that look like real ones, but are designed to steal your personal and financial information. To avoid falling victim to this scam, always shop from reputable sites, check reviews from other customers, use secure payment methods such as credit cards, and never share your personal or financial information with anyone.
3. Tech Support Scams
Tech support scams are common, especially among the elderly. Scammers pose as tech support personnel and contact you via phone or email, claiming that they have detected a problem with your computer or device. They then ask you to provide remote access to your device or buy their fake anti-virus software, which is designed to steal your personal and financial information. Never give remote access to your device to anyone unless you are absolutely sure of their authenticity.
4. Employment Scams
Job scams are on the rise, especially as more people look for remote work due to the pandemic. Scammers pose as employers and contact you via email, social media, or job-listing sites, offering you a job that sounds too good to be true. They then ask you to provide sensitive information such as your social security number or bank account details. Always verify the legitimacy of the job offer and the employer, and never provide sensitive information unless you are sure of their authenticity.
5. Cryptocurrency Scams
Cryptocurrency scams are becoming more common as the popularity of cryptocurrency continues to rise. Scammers pose as legitimate traders, investors, or crypto companies and ask you to invest in their schemes or buy their fake cryptocurrency. They promise high returns and quick profits, but ultimately take your money and disappear. To avoid falling prey to this scam, always research before investing, use secure wallets or exchanges, and never share your wallet's private key with anyone.
In conclusion, the most effective way to protect yourself from online scams is to stay alert, know the red flags, and always verify the authenticity of any communication or entity before providing your personal and financial information. Remember, prevention is always better than cure!
