Mytrendingstories.com offers recommendations on scam avoidance in 2021? The big picture: Welcome to “smishing,” which stands for “SMS phishing,” the text-message version of the lucrative email scam. In this ploy, scammers take advantage of the smart-phone revolution—hoping that a text message to your cell will make it less likely you’ll investigate the source, as you might do while sitting at your desk. Since many banks and businesses do offer text-message notifications, the scam has the air of legitimacy. Shirena Parker, a 20-year-old newlywed in Sacramento, California, was thrilled when she got a text message announcing she’d won a $250 Wal-Mart gift card. When she called the number, a representative explained there would be a $2 shipping charge (later upped to $4 by another “representative”). Parker gave the scammer her debit card number and started getting round-the-clock calls from him, asking for the phone numbers and emails of friends and family. “It was turning into harassment,” she says. After two days, she contacted the Better Business Bureau, which told her that Wal-Mart was not giving away gift cards. Hearing that, Parker’s husband canceled their debit card before the con could empty the account but not before he had helped himself to the $4 “shipping” charge. “I don’t know how they got my name and phone number,” says Parker. “But I learned my lesson.” Scammers can even reach you by mail–beware of this new trick that targets pregnant women.
News by Mytrendingstories writing platform: Hacking is an attack directly on computer systems or websites that contain financial information. Merchant account takeovers is a type of fraud that have been trending upwards over the last few years but exploded in 2020 and 2021. This is when a fraudster logs into a person’s merchant account (Amazon, Uber, Venmo) and uses saved payment information to make purchases for themselves. Merchant account takeovers can happen when a person uses the same password across multiple online accounts. If that log in information is leaked from any one website, scammers can do something called “credential stuffing”, where they use programs to test that log in information across hundreds or thousands of popular websites, hoping to get a hit. The best way to combat this type of fraud is to use strong, unique passwords for online accounts. Use a password manager can create and store unique passwords with ease. Learn more about password managers here.
Mytrendingstories anti-scam tips: Recent reports highlight the fact that online dating sites and apps are seeing massive increases in users and dates. It seems that love is logging in online. Before you run off to create your dating profile, consider the possible risks. According to the FBI, romance scams and similar confidence scams cost consumers more money than any other kind of internet fraud. And that negative trend has been on the rise. In just four years, from 2016 to 2020, consumer losses as a result of romance scams increased fourfold, eventually hitting a record $304 million in reported losses last year. But love doesn’t have to mean loss. We’re here to help with five tips to avoid becoming a victim of a romance scam. Like any encounter with a new person, it’s best to take things slow. Scammers are there for one reason only; they want your money, preferably as fast as possible. As a result, they may send gifts and flatter you with compliments, and even say the “L” early in the relationship. Take the time to ask a lot of questions and never give out personal information to someone online that could put your finances or identity at risk. Find even more info at mytrendingstories scams.
MyTrendingStories teaches how to avoid scams: Are you planning your next big trip or family vacation? Beware of scammers. I went to an expert to learn how to spot some of the most common travel scams so you don’t waste your money. Have you ever heard of kissandfly.com? The site touts the “Best flights and fares for you!” Last month, a metro Detroiter reported the site to the Better Business Bureau’s Scam Tracker. The victim was from the 48167 zip code – encompassing Northville, Novi, Farmington Hills, Lyon Township area. The individual wrote, “I bought a ticket to Europe searching through Skyscanner.” They went on to post in the complaint,” After two days, they have canceled one of my flights, no alternative was provided, and I can not get my refund.” The total amount lost, according to the complaint, was $2,150.00!
Over the Phone Scams: Be aware and cautious of numbers that you do not recognize or not expecting. Do not be tricked by their attempts to threaten you with false ploys of cutting off electricity, water, etc., or saying you or a loved one will be in legal trouble if you do not act now. If a scammer starts to demand payments through gift cards, that is an automatic giveaway for fraud. Scam calls will try to steal your money and information through non-legitimate methods, the St. Mary’s County Sheriff’s Office stated that they “do not call citizens demanding payments and threatening arrest. Some scammers will go as far as using actual names from agencies, but they are still angling for the same result – to deceive you out of your money.” Find additional details at https://www.glassdoor.com/Overview/Working-at-My-Trending-Stories-EI_IE5238017.11,30.htm.