Fraud can happen anywhere, anytime, to anyone. You probably already got some fishining calls, fraudulent emails, saw fake online ads. So, it pays off to keep your eyes open.
Every year, the scams list becomes longer and the schemes tend to be more sophisticated as well. According to experts, the best way to avoid these frauds and scams is to beware of them and know the red flags. In order to do this, you can check the Scambusters.org website where you'll see the latest scams as well as the tips to make sure you're protected.
Giving out your personal information through email, over the Internet or over the phone should be out of the question. Unless you know who you are dealing with or you were the one who initiated the contact, never provide this kind of information. Make sure that you're extra careful with your credit card details. Never place them on an email, or enter it on an unencrypted website because your information is not secured.
Changing your PINs and passwords should become a habit for you. When was the last time you changed your password for online banking or your PIN of your debit card? Despite it may be difficult to keep track on so many different passwords that you need to use every day, specialists say you should change them at least twice a year. And your accounts don't even need to have been compromised. Remember that the strongest passwords are simply aleatory numbers, symbols, and letters, without any special meaning.
One of the first spots scammers try to get is your financials. So, if you already keep tabs on your financial statements, make sure that you continue to do it. However, if someone is using your identity to ask for a loan or require a credit card, your financial statements may not show it as well. So, what experts advise you to do is to check you credit report. Make sure that you do this at least once a year and verify if the information is correct as well as if there isn't any unusual activity.
Shredding documents that you no longer need is avoid problems. There are many papers that include your sensitive data. And if it falls on the wrong hands, you can get into serious trouble. These papers include any junk mail that contains your address, bank statements, receipts, old tax returns, among others. Just throwing these papers into the recycle bin is no longer an option. Make sure that you destroy them completely.
When you get an unusual request or offer, make sure that you pay attention to it. Make sure that you never do any financial transaction on behalf of people you don't know.