Everyone wants to believe that they are safe on the internet but the reality is far from it. There are countless criminal masterminds and scammers who are waiting with their malicious techniques to prey on our most valuable resources such as data and money. Our personal data is at threat due to loopholes that the criminals find through tools and vectors.

These loopholes are present in almost all sorts of software that we use on a daily basis, even Microsoft’s Windows. In a report from the FTC, it was shown that the young adults 20-29 year olds were much more susceptible to fraud than the older generation. It was shown in the report that about 40% of the young adults had already lost some amount of money to online scams.

What types of online scams are you susceptible to?

According to Hemidal Security, a person is vulnerable to 10 basic types of scams.

  1. Phishing email scams: These are emails with a link or attachment that is a dead-end for the employees of an organization. People may disguise themselves as trustworthy and attempt to gain sensitive information.
  2. Nigerian scam: Here you will be convinced to send in an amount of money and promised to receive a larger sum in return. You will be made to believe that it is real but will be left broke in the end.
  3. Greeting card scam: This is an email with a greeting card which upon being opened will install malware on your device and you will get random and annoying actions from your computer.
  4. Bank loan scam: This is an email offering a too good to be true offer and scamming the person of their valuable money who tries to follow up the deal.
  5. Lottery scam: You are told that you won a lottery and to get it you have to pay a small fee, you don’t get the lottery and as a result, you lose the fees you sent them.
  6. Hitman scam: You will be threatened by a criminal to extort money or else they will threaten to kidnap a family member or attempt to kill you. In reality, they just got the info from a social media account.
  7. Online dating scams: A criminal will make you believe that they have a romantic interest in you and as a result will scam you for your money.
  8. Fake antivirus scam: this will tell you about a fake threat and tell you to download an antivirus. In reality, this will download malware onto your device and will leach on your valuables.
  9. Facebook impersonation scam: A criminal will act like they are a person you know and can make you become vulnerable by trusting them with your data or personal information.
  10. Make money fast scams: These scams promise you non-existent jobs and business plans to earn money quickly while in reality, they take some more of your valuables, in the form of personal data and money.

Wise Moves To Make

Unfortunately, there is not much that a person can do to restore the loss immediately. The best way is to contact a cyber-security agency and seek justice from the authorities. Links to the major services that can help you out are given below for you to utilize!

Anti-Phishing Working Group

Better Business Bureau

CyberTipLine

Electronic Crimes Task Forces and Working Groups

The Secret Service

StopFraud.Gov Victims of Fraud Resources

U.S. Computer Emergency Readiness Team

U.S. Department of Justice

U.S. Postal Inspection Service

Have you ever had to deal with loss due to scammers on online platforms? What do you think can be done to eliminate these scammers from the internet? Let’s discuss more regarding media scams in the comments.