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EDUCATION

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Ways to avoid scam

Here are seven ways to avoid financial scams:

Basic fraud tactics

Fraudsters employ a variety of tactics to perpetrate financial fraud, targeting individuals, businesses, and organizations. Here are some basic fraud tactics commonly used:





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Ways to avoid scam

1. Review your bank accounts.
2. Use strong passwords and change them often.
3. Shred sensitive information.
4. Use the Internet safely.
5. Check your credit report.
6. Double check email addresses and links.
7. Educate yourself.





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Basic fraud tactic

1. Phishing.
2. Identity theft.
3. Account takeover.
4. False billing.
5. Investment scmas.
6. Card skimming.
7. Check fraud.