In person, we can sometimes easily tell when someone is up to no good. However, as the world continues to digitize, the dangers are no longer contained in dark alleys or bad neighborhoods, they can also be found in our emails, inboxes, and even on our own social media accounts.
As we continue to rely on the Internet and other digital platforms to conduct our financial transactions, illegal activities using the same channel are similarly on the rise.
Fraudulent activities or scams don’t threaten our lives or our physical well-being, but it can do harm to our financial stability and peace of mind.
Staying safe online requires identifying and understanding the scams that these cybercriminals are into.
Below are some common online scams that you should look out for, so that you can enjoy surfing the Internet and using digital financial services in a fun and safe way:
Now that we know what these common scams are, becoming familiar with the common warning signs can also help you avoid being a victim to these scams in the first place. If you see any of the red flags listed below, proceed with extreme caution and do more investigating before parting with your money or giving out any personal information.