How To Be Social Media Savvy Against ID Fraud
4 in 5 of identity frauds take place online. Social media is a major contributing factor to this figure. What can you do to be more social media savvy against the fraudsters? Follow 5 of our top tips.
The list of types of online fraud is always growing. This article features a list of the most common things to look out for.
This kind of fraud can involve: buying faulty goods, or goods which do not exist; whether from copycat websites, fake sellers on legitimate sites, or fraudulent companies.
If you are ever buying something online, always check for https:// and a padlock within the address bar. (This means that all the information entered on the web page is secured between yourself and the website)
If you are ever in doubt about a company, use search engines and social media to find out as much information about them before deciding to do business with them.
It is always recommended to use travel operators who are ATOL and/or ABTA protected. Check on the ATOL and ABTA sites to verify that the company genuinely is – and hasn’t just made up a number for these.
ALSO be aware of posting photos from your holiday and ‘checking in’ at the airport on social media – you are advertising to potential burglars that your house is empty!
Be wary of any approaches by phone, email, text or in person about cashing in your pension before you reach retirement age.
Be wary of approaches to invest your lump sum ... especially those with returns that seem too good to be true (they probably are).
Always speak to a financial advisor who is registered with the Financial Conduct Authority.
If you have been cold called and suspect it was a scam...
When criminals access your details to open an account in your name; or take over an account which is currently held in your name.
Watch: How much information is online about you?
If money goes out of your account which you do not expect; chances are you have become a victim of banking fraud.
This can happen by: