Warning signs of scams

Added: Zahir Landy - Date: 16.10.2021 17:33 - Views: 42178 - Clicks: 6604

Delhi-based Arvind, 48, recently saw on his Facebook the advertisement of an all-in-one printer and scanner, with free cartridges, and at a discounted price of Rsand thought it was too good an offer to let go. He went ahead, clicked on it, saw the website, the product, and as everything looked genuine to him, he placed the order. He received a confirmation mail after placing the order, and that was it. There was no more communication, no other way to communicate with Warning signs of scams company.

The s sent by Arvind remained unanswered. After almost a month he understood and accepted that he was scammed. Online shopping scams are on the rise nowadays. Online shopping scams are not new. They are actually old school tricks, wherein scammers — pretending to be legitimate online sellers — use either a fake website or a fake ad on a genuine retailer site to trap customers. Identity theft, online scams, data breaches, year after year, different types of fraud sweeps the nation, leaving countless victims on their way. According to a recent global report from ACI Worldwide and GlobalData reveals that, while card-related fraud remains highest in terms of reported incidents from consumers, fraud incidents associated with real-time payments were on the rise from to as fraudsters tend to target new channels.

This spike in online shopping has opened a new window for third-party sellers and malicious actors to step in.

They also run the risk of falling prey to phishing attacks through spam e-mails and promotional messages. Online Shopping scams, experts believe, are a result of consumers naivety and unawareness regarding warning als. Some of the s that give away the authenticity are when the platforms have limited information about their delivery and other policies, shoddy website de or sloppy English, URLs with extraneous words or characters and limited social media presence.

These details are major determinants of a genuine online merchant. In addition, they should avoid storing their card details on websites that are new to them or not commonly used by them. Ultimately when it comes to any online activity, always look before you leap! Watch out for copycat websites, that are set up to look genuine. These sites are deed to harvest personal and financial information. Check for poor language and grammar on the website, this often suggests that the website is not professionally run and could be a fake website. Instead of clicking on a link you receive in an or text message, search the website separately in your web browser.

Employ two or multi-factor authentication across all s, to provide an extra layer of security.

Like us on Facebook and follow us on Twitter. Financial Express is now on Telegram. In a bid to avail the best deals and discounts, consumers often unknowingly expose themselves to risks by venturing on malicious websites, where most carelessly give away personal, sensitive information. This also increases the risk of falling prey to phishing attacks through spam e-mails and promotional messages.

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Warning signs of scams

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SCAMMED! What are the warning s and how to stay clear of online scams