How to Reduce Your Risk of Falling Victim to Online Fraud

In the US, the number of cybercrime incidents has increased considerably in recent years, with over 880,000 cases being reported in 2023. This shows that the issue of online fraud isn’t slowing down, and more people should be aware of the signs and preventions to stay safe against scammers.

There are numerous ways to ensure you do not become a victim to online fraud, and some of these methods can be completed easily. In this post, you will learn about four of the most effective ways to reduce your risk of falling victim to a cybercrime.

Control Your Digital Footprint

Your digital footprint can offer a lot of information to complete strangers online, and you might not even be aware of it. With this data available, it puts you at serious risk of fraud. Even if you do not consciously leave information behind, a digital footprint develops whenever you do anything online. This could include social media profiles and Google reviews as well as websites tracking your IP address.

While you can search yourself online and begin removing data that you do not want published online, this can be time-consuming. Instead, you might use an online subscription service, like DeleteMe. This service will discover and control your digital footprint by removing personal and private data. This review about DeleteMe by Abine outlines the service’s pros and cons, which you should research before subscribing.

Update Computers and Mobile Devices

There will be flaws in your computer and mobile devices’ operating systems and software that can be used by cybercriminals to gain access to data. The best way to keep this from happening is by updating web browsers, operating systems, and software frequently. Most devices, such as iPhones, will notify you when updates are available.

If you do not update your computer and mobile device regularly, then there will be security flaws and other faults that allow scammers access. This could result in a successful cyberattack, making you a victim of online fraud.

Use Antivirus Software on Computers

Botnets, malware, spyware, and viruses can be deployed by online scammers to infect or take control of your computer and other devices. Most brand-new computers will be preinstalled with a free trial of antivirus software, although you must purchase this when the trial ends. 

Numerous antivirus applications can be chosen from, but you should do research to ensure you select the best one. An ideal antivirus software will provide you with adequate protection, be updated regularly, and regularly complete full scans on your computer.

Be Aware of Phishing

Cybercriminals will commonly use deceptive emails or messages to fool people into revealing personal and/or financial information; this is known as phishing. There were over 300,000 recorded victims of phishing in 2022. In recent years, due to frequency of these scams, there have been numerous campaigns explaining why internet users should be aware of phishing.

With this type of cyber fraud becoming increasingly popular with scammers, it is crucial to know what to look out for. This is the best defense against phishing. You should be wary of unexpected emails or text messages claiming to be from a company you know or trust; these messages might mention suspicious activity on your account or need you to confirm data. It is best not to respond to these messages or click on any URLs. 

By following the tips outlined in this post, you will be more successful at reducing the risk of becoming a cyber fraud victim.