Different types of fraud & how to protect yourself

first_img 16SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Whether we like it or not, fraud has become a prominent part of our technologically advanced society. Fraudsters are after either two things – your money or your identity, and sometimes both. Whether they hack your email account or obtain your Social Security number, fraudsters are smart, quick and are always trying to stay one step ahead. That’s why it’s so important for you to be educated on the different types of fraud and the ways these scam artists get ahold of your information.Let’s take a look at all the different types of fraud out there, real-life examples and how you can protect yourself from falling for these scams.Social EngineeringSocial engineering is when fraudsters trick innocent consumers into divulging personal and confidential information. This includes their email and online account information, bank account information or computer network information. The fraudsters contact people, by phone, email or mail, posing as phony representatives from legitimate companies claiming there is a need to verify or provide their information. Fraudulent emails include the company logo, which make them appear even more real. This is called phishing. continue reading »last_img read more