Online Fraud (And How to Avoid it!)
by Hope Warren
Fraud: Wrongful or criminal deception intended to result in financial or personal gain.
Examples:
- Phishing and Smishing
- Retail/Auction Fraud
- Work Availability
Phishing Example
Below is a phishing example. Phishing is basically when someone sends a fake email or message to an internet user, tricking them into giving personal information, like bank account passwords, while seeming legitimate.
How to Avoid Fraud
Fortunately for us, avoiding fraud is simple:
- Never reply to personal info. emails. If you get an email from a company requesting your password or other information, don't give it because that real company already has that information.
- Research institutions. Make sure it is a reputable business you are purchasing from.
- Use common sense! If it looks too good to be true, its time you learned a little more about fraud!