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Here are 6 ways to protect yourself from credit card frauds

Source: National Cyber Security – Produced By Gregory Evans

Here are 6 ways to protect yourself from credit card frauds

This year in September, police arrested a student from Vadodara for illegally using credit cards of three American nationals to book air tickets. In March 2013, two top officials of an online shopping portal were arrested after almost 200 complaints were received from customers who said they paid for things they never ordered or received. Like these, there are numerous examples to highlight a growing trend of frauds and scams related to online transactions, which are generally done by credit or debit cards. As per the ASSOCHAM-Mahindra SSG Report-2015, the number of cyber crimes reported in 2011 was 13301, which shot up to 300,000 in the year 2015. Of the reported cyber crimes, credit and debit card frauds topped the list and saw six-fold times increase over last three years. What should an online shopper do now? Stop shopping? Online shopping is very convenient but when we use are credit card online we expose ourselves to potential frauds. Here are some ways you can safeguard yourself from online frauds 1. Choose your credit/debit card wisely: While choosing a card, it is important that you focus not only on the fees, credit limit, reward structure etc, but also on the security […]

For more information go to http://www.NationalCyberSecurity.com, http://www. GregoryDEvans.com, http://www.LocatePC.net or http://AmIHackerProof.com

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Older Women Should Beware of This Online Dating Scam IN 6 MONTHS ALONE, $82.3 MILLION WAS REPORTED IN CONFIDENCE FRAUDS

Con artists are scamming elderly American women out of big bucks—sometimes hundreds of thousands of dollars—by wooing them on dating websites and suddenly asking for money, the New York Times reports. “I blame myself,” says a Georgia woman who gave a swindler nearly $300,000. Read More….

The post Older Women Should Beware of This Online Dating Scam IN 6 MONTHS ALONE, $82.3 MILLION WAS REPORTED IN CONFIDENCE FRAUDS appeared first on Dating Scams 101.

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Cyber frauds increased after growth in mobile banking, NEFT and RTGS

Source: National Cyber Security – Produced By Gregory Evans

The number of cyber frauds in India has spiked as more people start using mobile banking, NEFT and RTGS, a recent study by PwC and ASSOCHAM states. “Whether it’s financial transactions, customer experience, marketing of new products or channel distribution, technology has become the biggest driver of change in the financial services sector. Most financial institutions are therefore insisting on cashless and paperless transactions,” the report said. The mobile frauds jumped from less than Rs 10 Crores in 2011-12 to around Rs 70 Crores in 2014-15. The most common kind of frauds include documentation frauds, diversion of funds, identity theft and cyber related theft targeting customers directly. In cyber frauds the customers were cheated through site cloning, hacking, debit card scheming, social engineering and computer viruses amongst others. “Mobile banking application being mapped to an incorrect mobile number: For bank customers who do not use mobile banking, an employee of the bank could attach an associate’s mobile number to the bank account and install a mobile application on his mobile device. The customer’s account is compromised by the associate and he or she does not get any notification about the same,” the report said. Source: Business Insider

For more information go to http://www.NationalCyberSecurity.com, http://www. GregoryDEvans.com, http://www.LocatePC.net or http://AmIHackerProof.com

The post Cyber frauds increased after growth in mobile banking, NEFT and RTGS appeared first on National Cyber Security.

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Scientists track dating scams and other feel-good frauds

Here’s a perfect fraud. You commit a crime but your victim has such a good time he doesn’t even think he’s been conned. It turns out this is the kind of swindle that is prevalent in China’s largest dating service operated by Jiayuan, according to a joint study by the company and researchers from University College London. Read More….

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