4 Scams That Everyone Should Be Aware of — CIOReview

Jack Mathew
5 min readJan 16, 2020
Beware of fraudsters

Scams are around for several years. It had been prevalent in olden days also. Today, scams have reached the subsequent level with the blessings of recent technology that creates it affordable and convenient for perpetrators for targeting a big number of victims. the subsequent may be a rundown of a number of the samples of the newest scams fueled by modern technology.

A small infographic on how technology is making scams more easier and achievable. It also lists the types of scams and how to be ready to tackle those situations.

Types of scams
  1. caller ID Spoofing

Earlier, caller ID was ready to inform who was calling reliably. lately, scammers, using cheap technology, generally spoof the caller ID, which shows a fake number or fake business appearing on the person’s caller ID display. Scammers might spoof their calling number for committing other hosts of scams.

2. Phishing

This is a widespread email and internet scam which occurs when a scammer tempts the user into divulging private account information. The scammer might ask the user to verify their account information by posing because of the user’s bank. If the user confirms it, the knowledge is misused by scammers for creating unauthorized charges or may be committing the crime of fraud. Phishers hold the power to send many emails for pennies on the dollar. If even one user bites, the fraudsters make money.

3. Fake Check Scams

In this sort of scam, the user receives a real-looking check, which is really a fake one. The technology empowers the scammer to print thousands of counterfeit checks that look authentic at low prices. The user is instructed to deposit the check and wire some money to the scammer. The check bounces after it gets deposited; however, the user cannot retrieve the cash because the scammer has already received it.

The scam, too, has diverse flavors. In some scenarios, an individual who posts an item purchasable online becomes the target of the scammer. The scammer will buy the merchandise and send a fake sign up high amount, telling the vendor to remit the overpayment. In another case, the scammer can send a fake check as a phony prize-winning then instruct the user to wire back some money for taxes.

4. Forged telephone Text Messages

These days, scammers send forged text messages to users’ cell phones. The message might offer a product for a monthly fee, usually $9.99. On opting out and declining the merchandise, the user may find unauthorized charges on his/her telephone bill.

The bottom line is that the businesses, also like every individual, should remember all the scams happening around them. They ought to confirm twice before releasing any private information.

Beware of Tech Support Scams

tech support scams

Tech support scams aim to trick the user into believing that their computer needs need to be fixed through payments for unnecessary technical support services. a number of the notable scams include phone scams, web scams, and other sorts of support scams. Scammers spoof the caller ID such it displays a legitimate support telephone number from a trusted company. they create direct calls to phones, pretending to be representatives of a software company. These scammers recommend installing an application that permits them to access the user’s device. Using remote access, they misrepresent normal system output as signs of problems. When the user engages with the scammers, they provide fake solutions for issues while demanding payments for a subscription to a purported support service.

Being conscious of the subsequent truths can protect Microsoft users from scammers.

• Microsoft doesn’t make unsolicited phone calls or send messages requesting personal or financial information or volunteer to supply technical support to repair the user’s computer.

• don’t consider any notification with a telephone number as no Microsoft messages contain a telephone number.

• don’t download software from third-party sites as a number of them may need undergone modification without the author’s knowledge to bundle support scam malware and other threats.

• Microsoft never initiates any communication unless the user starts it.

• Microsoft technical support never demands any buy assistance within the sort of Bitcoin or gift cards.
Here are some techniques to be embraced by the users if the user’s information is already exposed to a tech support scammer.

• Uninstall applications recommended by the scammers to put in .

• If any user has given scammer access, they could consider resetting the device.

• Frequently change passwords and consider running a full scan with Windows Security to get rid of any malware.

• Apply all security updates once they’re available.

• Call the MasterCard provider to contest unnecessary charges for unwanted applications.

  • Ceaselessly monitor logon activity. Also, use Windows Defender Firewall to dam traffic to services that one wouldn’t normally access.