UAE: Tips to avoid being defrauded of your money online
To avoid losing money to rampant scammers boils down to how you can mitigate risk!
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2 MIN READ
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Scammers often combine new technology with old tricks to get people to send money.
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Here are some practical tips to keep yourself from being targeted by crime and always be a step ahead.
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Set up email or message alerts for every card payment made.
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It doesn’t prevent card theft, but it provides a real-time warning.
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However, this service comes at a cost as this is a paid-for service from banks.
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Reduce the number of websites where you save card information.
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Experts suggested using money transfer apps like PayPal, Apple Pay, Google Pay as it helps limits the possibility of fraud.
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Wary of linking your bank account with your card – and possibly exposing it to hacking or fraud? You are not alone.
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The pandemic has expanded the use of money transfer apps and also some new money transfer frauds.
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Lately, scammers have been laundering stolen cash through the apps.
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Regulators say that in some cases the initial payment came from a stolen card.
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So, to avoid this, only use money transfer apps for sending money to people you know.
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Software does flag some out of place transactions, but technology often falls behind sophisticated crooks.
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Fraud experts say if more countries adopted an extra mandatory layer of security, online purchases can be safer.
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Install an ad blocker to prevent unnecessary online intrusion.
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Ad blockers help protect privacy and improve your protection against malware attacks.
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Some sites have proven to have a massive number of trackers.
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Limit use of public Wi-Fi as much as possible.
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Scammers use their phones or laptops and see what you’re sending or receiving, using free “sniffer” programs.
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Social media and WhatsApp encrypt your messages, so do websites whose addresses begin with https.
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