From grocery shopping to booking flights and everything in between, the internet has opened a world of convenience and endless possibilities. But the risk of fraud has also become more prevalent, so it’s important to be well-informed and proactive in helping to protect yourself from it.
This article includes tips, suggestions and general information. We recommend that you always do your own research and consider getting independent tax, financial and legal advice before making any important decision.
Fraud involves manipulating or misleading others to obtain personal information or money. It can occur in various forms both online and offline and target individuals, businesses, and even governments.
To help protect yourself from fraud, it’s a good idea to stay up-to-date with the latest fraud protection strategies and best practices. Learn about some of the ways you can help spot suspicious activity and protect yourself from online fraud below.
One of the first steps in helping to prevent online fraud is knowing how to identify a potential scam.
With the right knowledge, it’s possible to spot the warning signs and red flags that often accompany scams. This could mean identifying suspicious emails, phone calls, or offers that seem too good to be true.
Here are some things to consider when trying to spot common scams:
There are many fraud protection strategies that can help protect your online activity. Consider these tips:
Here’s more detail:
One way to help protect yourself from scams is to research the person or company contacting you. Ways to do this could include looking up their website, reading customer reviews or feedback, or trying to verify their credentials independently.
If you're unsure about who they may be, don’t provide any financial or personal information. Instead, find their official phone number on their website and contact them directly.
Keep sensitive information — such as bank details, addresses, government IDs, and tax numbers — secure. Here are some best practices:
When conducting an online transaction, you can help protect yourself from fraud by opting for secure payment providers and methods, such as reputable money transfer apps or banks. By choosing trusted platforms, users can send money securely.
Learn about PayPal online safety here.
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