This week in our OPIE ShopTalk we covered many areas of cybersecurity and how you and your team can stay ahead of the ball. The topic of cybersecurity may feel daunting, but I want to ask you: how do you eat an elephant? In bite-sized chunks. In our session this week we learn how to take small steps toward protecting your data and we learned how to spot the most common scams in seconds. I know we’ve all probably gotten that age-old email that says “I’m the Prince of this country, send me money to get money!” but scammers always adapting and consistently working to make their pleas more believable. According to the FTC, the top 3 kinds of cyber scams are:
Identity Theft: The illegal acquirement and use of someone else’s personal information to obtain money, credit, or information. Look out for bills for products or services you did not purchase, suspicious charges on your credit card or new accounts opened in your name that you did not authorize.
Imposter Scams: This is when you receive an email or call from a person claiming to be a family member, friend, or government official requesting personal or financial information.
Debt Collection Scams: This is when someone tries to collect on a fraudulent debt. Warning signs for a fake debt collector are requests to be paid by credit cards, gift cards, or wire transfers.
In 2021 alone there were 5.7 million reports of these 3 types of cyber scams. These mentioned categories generalize a wide variety of fraudulent activities you may encounter online. Digging further, Heimdall Security Blog outlines different scenarios for how each of these types of scams can occur and I would like to share them with you so you know more about them and how to spot them!
Phishing Scams: Communications are made via email, websites, and social networks in which a fake message tricks you into providing sensitive data like your login credentials into fake forms online. Phishing attempts are made to look almost identical to the real websites or emails they are emulating, which is why they are hard to identify.
The Nigerian Scam: One of the oldest and most popular Internet scams revolves around the story of a wealthy Nigerian family asking you to wire them money in exchange for their fortune in the future. This type of scam can come with different background stories – but the red flag is always a stranger online asking you to wire them some money for a promise of a big reward.
Greeting Card Scam: During the holidays, you could receive a dangerous e-card that links to a malicious website or contains a virus as an attachment.
Bank Loan or Credit Card Scams: If you are offered a pre-approved credit or loan offer, research more online about that bank to check that they are reputable and have not been reported as scamming others. Only apply on the official bank website, and never by clicking links in emails.
Lottery Scam: This entails an email or pop-up message informing you of a money prize you have won and need to pay some small fees to collect.
Hitman Scam: This scary type of email can threaten to kidnap a family member unless a ransom is paid in the given time frame. These messages can contain personal information about the victim that has been collected from social media. Instead of complying with these demands, report these threats to the police immediately.
Online Dating Scam: These scams often take place on social dating networks or through email by targeting a multitude of people with the same message, luring you to send money before meeting them on a date.
Fake Antivirus Software: Messages appearing in your browser such as “You have been infected! Download antivirus now to protect your computer!” are typically malicious and likely to damage your system. At work, our organization should have trusted Anti-Virus, Anti-Malware, and Firewall systems in place, so there’s no need to download unknown programs on your computer. At home, be sure you have a reputable Anti-Virus software from companies like ESET, Kaspersky, Norton, McAffee, Webroot, all of which are verified and recommended by the tech industry.
Social Media Impersonation Scam: A person’s profile can be hijacked or recreated, including your friends’ profile or even your own. To prevent this, do not accept friend requests from people you don’t know. A giveaway that a Facebook profile has been affected is if they keep sharing the same website or tagging many people into the same non-relevant post. Facebook phishing scams are rampant – make sure when logging into social media that the URL is correct.
‘Make Money Fast’ Scams: This is often the promise of a quick and easy job to “get rich quick” by working from home. These scams collect your personal information and should not be trusted. If it is too good to be true, it probably is!
Travel Scams: Are you being offered a great deal to travel somewhere fun and relaxing? Be aware of hidden costs not mentioned in promotional advertisements. If the travel offer is only good for a limited time and requires a small payment up-front – it might be fake. Check trusted travel websites and use a VPN for the best travel rates.
These scams happen every day, and you may not know you are a victim until it is too late. One of the biggest things we covered in the ShopTalk is the topic of prevention. The more you know and are familiar with the latest and most popular scams, the more likely you and your team will be to spot them on sight. I strongly encourage you to check out this Pass it On page created by the FTC and feel free to share it with your family and friends—it is extremely helpful! Be sure to check out our next ShopTalk in April where will be discussing how you can optimize your use of the OPIE Help Portal! Register for that event here!