Internet Safety: How To Spot And Avoid Scams

27 January 2023

Individuals and businesses are at increasing risk from online scams. Let’s set the scene.

According to International Data Corporation, there will be more than 40 billion connected devices worldwide by 2025.
Cyber Ventures reported that almost four million records are stolen daily due to data breaches, which is about 45 per second.
And a study from Maryland University demonstrated that there is a new victim of cybercrime every 39 seconds.

Online scams are costly and potentially fatal. While many dangers exist online, raising your awareness and adopting good habits can improve your information security and internet safety.

How to Spot (and Avoid) a Scam

Phishing attempts are the primary ways people are scammed online. Scammers may send these communications via social media and text, but the overwhelming majority use email.

While phishing attacks can be specific – known as spearphishing attacks – the vast majority are sent indiscriminately. Fortunately, this spam will tend to have some giveaways. Spotting these can help protect us and our data.

Demands for Personal Information

Reputable businesses don’t ask for personal information via email or social messaging. Delivery drivers that need you to confirm your full name and address are normally bogus. Banks and government departments never ask their clients to send sensitive data such as bank account information, usernames, or passwords via email.

Offers Too Good to Be True (Probably Are)

Be suspicious when offered extremely low-price goods, services, or holidays. If it makes you wonder how they can afford to make such a deal, the answer is that they expect to add hidden fees, or the offer doesn’t exist. The sender expects to gain valuable personal information from people eager to sign up.

Claims You Have Won Something

It’s exciting to win a contest or lottery draw but ask yourself if you even entered a competition. Messages like these generate excitement and prompt people to act quickly to claim their prize.

Such communications may also suggest that you have been personally and individually selected. In a way, you have been selected, but so have thousands of other people, and not for anything good.

Terrible Spelling and Grammar

Spam is renowned for its major spelling and grammar issues. To avoid scams, remember that businesses spend thousands on marketing. They work hard to ensure their communications are attractive and error-free. If you notice spelling and grammar errors, it’s unlikely to be from a reputable business.

Fake Addresses and Other Impersonation Attempts

Scams often use impersonation to benefit from a brand’s authority. People are more likely to believe a message if it seems to be from Microsoft or the Government.

To avoid falling for this trick, check the URL or email address carefully. A scammer typically alters a business name slightly to make it seem authentic, such as the Facebook instead of Facebook or Microsoft instead of Microsoft.

If the sender claims to be from a big organization but uses a generic email account, like Gmail or Hotmail, this is also a warning.

High-Pressure Tactics

Most scams work best for criminals when the victims don’t think too deeply about their actions. Communications that insist on an urgent, immediate response should be read very carefully. Verify the details where necessary.

More on Avoiding Scams

Now that you know how to spot and avoid specific scams, here are some more tips on how to avoid scammers in general.

Use Reverse Phone Lookup Services to Verify Senders’ Details

One reason the internet is such a hotbed for crime is that it’s easy for criminals to maintain anonymity. Cybercriminals can stay off the radar by using a virtual private network and dealing in wire transfers and cryptocurrency. They can pretend to be someone else, of course; your bank manager; a delivery driver; or an IT help desk technician. Or a friend or family member.

If you’re not sure who you are communicating with, use the internet to your benefit. Go to PhoneHistory or any other reverse phone lookup site to verify people’s contact details. You can do this whenever you have suspicions or simply because you’re dealing with someone you’ve not met in a physical location.

Block and Report Spam

Don’t hit reply, no matter how much you’d like to hit the sender. Giving them a piece of your mind tells them you have an active email address and that other spammers should probably target you.

Most email service providers enable you to block and/or report spam. Ideally, do both. Depending on the email system, you might need to choose “block” before you see the option to report it, or vice versa.

Blocking and reporting spam helps your email provider eliminate spam emails from your inbox. And it can help them protect other users from potentially harmful communications.

Do Not Interact with Potential Scammers

Resist the temptation to click on a link within the message if you are suspicious about the sender’s intent. Clicking a link can signal to the sender that your email address is active and cause malware to be downloaded to your device.

Malware can cause many issues, including:

locking you out of your machine (a distributed denial of service attack (DDoS));
encrypting your data unless you pay a ransom for the decryption key (ransomware);
installing software that allows a third party to track your activities and/or keypresses (spyware).

Read Privacy Notices

Since the implementation of GDPR cybersecurity regulations, a pop-up frequently appears on visiting a website, inviting you to read their privacy policy and asking you to confirm your preferences regarding cookies.

Most websites are reputable with good intent. Sometimes, however, they are willing to sell the information they learn about you to third parties, who may send you anything from unsolicited marketing emails to harmful, targeted scams.

If you don’t have the patience to read every privacy notice, it is still worthwhile saying no to all but essential cookies. It’s quicker than it seems. And make sure to deny the company’s permission to contact you or share your data unless you trust them.

Conclusion

Internet safety can seem daunting, but most people don’t think twice about improving their car security, home security, and personal safety. Stay observant, check out the identities of people you haven’t developed relationships with yet, and employ a few other good internet habits to keep you, your friends, and your family safe online.

Additional:

What Is Zero Trust In Cybersecurity Context?
Top 6 Cybersecurity Trends Everyone should Know
Everything You Need To Know About PKI In Cybersecurity
Top 10 Cybersecurity Features That Are A Must-Have In An Ecommerce Store

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8 Ways you can Improve Safety in a Workplace

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Incorporate safety behavior in your day-to-day activities let it be part of your company policy and culture. Make safety as important as your core business. Let the staff understand the importance of safety. Identify the most causes of injury in your workspace for example if you run a restaurant and the main injury is burns make it everyone’s responsibility to observe fire safety even though they do not deal with fire directly. Conclusion It is your responsibility as an employer to keep your employees safe when at work. You should provide a conducive environment for all your employees to be comfortable while they work. A safe environment also increases the productivity of your employees. Keeping your employees safe and preventing injury can also protect you from legal issues. 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The security implications of an expanding sprawl of devices, software, SaaS applications, users, and cloud services are important. However, poor cybersecurity creates a critical risk for the overall business. Chief among them is a higher risk of business disruptions. A breach might make essential data or systems unavailable, preventing the business from functioning. Therefore, the rate of change makes the manual work of managing, finding, and securing all these assets not tedious but error-prone and wasteful of valuable resources. To mitigate cybersecurity threats, business firms must adopt strategies to resolve the breach issue. This article will emphasize cybersecurity threats faced in asset tracking and strategies that will help resolve the issues. Common Cybersecurity Threats In Asset Tracking Below-mentioned are common cybersecurity threats in asset tracking. 1. CEO Fraud CEO fraud and business email compromise (BEC) pose significant challenges to asset tracking for business owners. Therefore, this type of cyberattack can lead to financial losses and disruption of operations. Similarly, it occurs when an attacker impersonates a high-ranking executive, typically through email, to trick employees into transferring money or confidential information. Furthermore, asset tracking could mean convincing your business to approve a large purchase. It might also be a transfer that diverts funds intended for legitimate tracking systems or physical assets. This threat might cause your business to lose money. This can result in inventory discrepancies, misallocation of resources, and difficulties in auditing. 2. Ransomware Ransomware significantly threatens asset tracking systems, impacting businesses across various industries. These systems often rely on connected devices and networks to monitor and manage assets, making them prone to cyberattacks. Sensitive asset information, such as ownership, location, and financial details, can be compromised. If cybercriminals steal this data alongside encryption, they may leverage it for further extortion or sell it on the dark web. So, when a ransomware attack occurs, a malicious breach can encrypt critical data related to asset tracking. This can lead to: Disruptions in operations. Loss of visibility over inventory. Need to work on managing assets effectively. However, you may find your business still looking for items. This often leads to delays in production or logistics, which can ultimately affect the firm's goodwill. 3. Payment Fraud Payment fraud poses a significant threat to asset tracking systems, as it can undermine the precision and reliability of financial transfers related to asset management. Fraudulent activities, such as chargebacks or using stolen payment information, can lead to financial losses and disruption in inventory control. So, when payments are initiated deceptively, assets may be acquired without legal transactions, complicating the tracking of ownership and inventory levels. Furthermore, asset tracking systems rely on data integrity to function effectively. If fraud is present, it can lead to discrepancies in reported data, making it challenging to assess the actual status of assets. 4. Data Breaches Due to its cloud-based nature, Access Control as a Service (ACaaS) can indeed experience data breaches. When access control systems are hosted in the cloud, they may face various security challenges, such as: Unauthorized access. Data interception. Potential misconfigurations. One of the primary risks is the reliance on internet connectivity, which can expose sensitive data to interception during transmission. Moreover, user authentication is important. Weak passwords or insufficient multifactor authentication can allow unauthorized users to gain access to the system. Compliance and ensuring that data is handled according to regulations also pose risks, especially if the service provider stores data across different regions. 5. Automated Methods Criminals often leverage automated methods to launch large-scale attacks on various businesses, using customized malware to ruin specific susceptibilities. Similarly, this approach will permit the ransoms to efficiently target multiple systems simultaneously. It will further increase your business's chance of success while reducing the time and effort required for each attack. On the other hand, automated tools also enable attackers to refine their techniques continuously based on real-time feedback. This is because as the tools gather data from previous attacks, they can adjust their malware to improve its effectiveness against specific targets. It is even more challenging for organizations to defend against such threats. Strategies To Mitigate Cybersecurity Risk Below-mentioned are strategies to resolve cybersecurity risks faced within the business. 1. Conduct Risk Assessment Perform a cybersecurity risk assessment to identify the issues your business faces or might face in the coming years. Similarly, the risk assessment results will anticipate your organization’s readiness to respond to security events and uncover your infrastructure’s vulnerabilities to common attacks, such as malware, ransomware, brute-force attacks, and more. Install asset tracking software in your business to conduct risk assessments efficiently. This will help you track location, save fleet costs, and improve asset management. In addition, you can also include the following steps: List down all physical and digital assets and their potential threats. Create a risk register listing risks and mitigate steps. Analyze each threat's likelihood and impact on the organization. 2. Continuous Monitoring When prioritizing vulnerabilities based on the challenges to business assets, it is essential to evaluate both the likelihood of exploitation and the potential impact on the organization. Here is a structured approach to help with this task: Identify assets. Determine potential impacts. Analyze the likelihood of each vulnerability being exploited. Use a risk scoring system to combine impact and probability into a single score. For high-priority vulnerabilities, devise appropriate remediation plans. 3. Include Asset Lifecycle Management To successfully manage each asset throughout its lifecycle, it is vital to incorporate a structured approach that includes the following critical practices: Maintain an up-to-date inventory of all assets, including hardware, software, and licenses. Establish a schedule for routine updates to ensure that all assets are running the latest software versions. Implement a patch management strategy to check for and apply security patches regularly. Use monitoring tools to track asset performance and health. By incorporating these practices, you can ensure that each asset is effectively managed, enhancing security, performance, and longevity throughout its lifecycle. Wrapping Up Thus, asset-tracking software can be implemented within the business for multiple uses. The business needs to identify, address, and assess the security risk posed by devices and assets of all types. However, it is best to create essential security awareness for the staff to assist them in spotting warning signs and trigger alerts. The systematic monitoring of security log files can give the security team early warnings of possible attacks. Read Also: The Importance Of Cybersecurity In The Digital Age Everything You Need To Know About PKI In Cybersecurity Top 10 Cybersecurity Features That Are A Must-Have In An Ecommerce Store

Internet Safety: How To Spot And Avoid Scams