The internet revolution has changed the way business are done so much that hoodlums who use to engage in different crimes like; theft, burglary, armed robbery and so on have shifted to internet fraud, so as to remain successful in their criminal acts, this has led to the rise in internet fraud.
These scammers are unrelenting coming up daily with new techniques to scam unsuspecting users and rob them of their hard earn money, our focus in this article is on how to avoid internet fraud, viz-a-viz things you should do and things you shouldn’t do in other not to be defrauded on the internet.
To Avoid Internet Fraud, Don’t be Greedy or Desperate; Be Rational.
John has $100 and he goes shopping online intending to buy a pair of shoes, then he stumbles on this advert “Do you know you can invest $100 and get $500 in ten days?” at first he becomes inquisitive and on following the link, he is then asked to deposit the money and wait for the return in ten days.
An anxious John then speaks to himself “that means I can buy five times of what I could buy today in 10 days, or better still if I deposit it for 20 days and I might even get ten times” John is becoming greedy at this point and desperation may lead him on to losing his money.
Whereas John was supposed to be rational enough to have asked “what business on earth can someone do with ten dollars and make a return of 400% in ten days?” Many a time you come across this type of adverts on the internet, but you will be thrilled that many persons will fall for it, the reasons is that they are greedy, even when they pay for some time, common sense should tell you there is no free launch anywhere in the world, they definitely will take back, if not from you, from those you lead into it. Hence, greed is at the root of many being defrauded online.
Be Observant, Watch out for Clones
One of the most used technique by scammers is cloning of websites, therefore be very vigilant when doing online transactions, especially when these transactions involves finance. Ensure you use a secure-computer and watch out for emails, beware careful of links you follow, conscious of mail from your banks, as scammers are good at cloning banks mails making you believe that the mails are from your bank and make you follow the link to provided them with you login details below is a sample of such a mail.
Following the link on this email brought up this cloned website, as you can see in the images below, they appear similar, but a closer look at the clone site will reveal a lot of difference, and we shall examine these differences one after the other as numbered in the images.
1. That is the line containing the url (Uniform Resource Locator) also known as the web address, on the original image the url is identified as ‘Secure’, this is so because the site is involved in financial transaction, therefore it uses https not http, note the difference between http and https is the (s) which stands for secure, if your transaction involves financial details ensure the site has the tag Secure else back-off.
2. Still on the Url; every url must start with http, https or www. And terminate at .org, .com, .co, .uk, or dot something before the slash. Notice the clone starts with something ‘data:’ and jumps to slash text; that is a clear indication that it is not a valid web address.
3. A closer look reveal some missing information, like the green white green logo, there are many others like that, so just be vigilant and you will spot differences.
Use Technology to Avoid Internet Fraud
If you are not sure of the authenticity of any website you are dealing with, check it out with scam adviser, this way you know who is behind the site. Also ensure your pcis secure against all forms of phishingand malwares.
Finally, your security and safety begins with your consciousness, information is powerful, for anyone to scam you, they first derive information from you and in most cases you ignorantly provide them with this information knowingly or unknowingly. This is due to the way you communicate. For instance, some persons answer phone calls as if they are broadcasting to the world and at times you hear some revealing their next plan or move, some go on social media to reveal a lot of details like where they bank and how they bank; beware of how much information you provide on social media.