With cyber threats on the rise, October offers the perfect time to ramp up your defenses: National Cybersecurity Awareness Month. Scam artists are good at what they do and are constantly refining their nefarious tactics, so staying up to date on their newest trick is essential. Below, we’re sharing a few of the most common scams in 2024 with an added bonus—strategies to prevent a cybersecurity nightmare.
Beware of these Actively Circulating Scams
AI-Driven Attacks
AI is everywhere and now it’s become a major player in cybercrime, making fraudulent schemes more convincing than ever before. Scammers are now using AI to generate realistic phishing emails, social media profiles, and even voice or video impersonations to fool people into giving away their private, sensitive information. AI’s increasing sophistication has provided more opportunities for scammers to creep around undetected, making it even more critical to stay vigilant.
One-Time Password Tricks
Some cybercriminals are using automated bots to trick people into giving up their one-time passwords. After a scammer tries to access your account, the system will trigger a legitimate security code to be sent to your phone or email. A bot will then contact you—posing as the company—asking you to share that code. The timing of the call is rather spooky and may even convince you that the bot’s request is legitimate. But if you provide the code, they’ll use it to break into your account.
Zelle Schemes Can Make Your Funds Vanish
Zelle, which is an ultra-convenient money transfer app, has become one of the newest targets for scammers these days. Typically, someone will contact you, posing as a representative from your bank’s fraud team, warning you about a supposed unauthorized attempt to steal money from your account. They’ll guide you through a solution that involves transferring money to yourself through Zelle, but in reality, your funds will vanish and go directly into the scammer’s hands.
Helpful Tips to Avoid Spooky Scams
Question All Unexpected Contact
When someone reaches out to you through email or the phone, always be wary if it’s not a message you’re expecting. Scammers are so good at making messages or calls appear authentic it’s scary. They may look like a bank or a government office or even sound like a family member’s voice.
Question Suspicious Links
Never, ever click on a link in an email or message unless you are 100% sure it’s legitimate. If you’re unsure, visit the company’s website directly by typing its URL into your browser, or give them a call to check.
Two-Factor Authentication
Although it may seem like added work, be sure to enable two-factor authentication wherever it’s offered by a company. This added layer of protection can go a long way when it comes to keeping scammers away from your data.
Research Companies Before Making Transactions
Before you make a purchase or donation, spend a few minutes reviewing the company. Do an online search for its name plus “scam” or “reviews” and research charities on Charity Navigator and CharityWatch.
Keep Software Up-to-Date
Updates typically include patches for security vulnerabilities that were discovered within the software. Check your devices and applications for notifications about updates and install them as soon as possible.
Learn More: Spotting Scams: How to Recognize When Something Looks “Phishy”
Stay Vigilant During Cyber Crime Awareness Month and Beyond
With scams continuously growing and evolving, staying on top of the latest trends is the best way to protect yourself. This Cybersecurity Awareness Month, take the time to review your security practices and educate those around you whenever possible. With these tips in hand, you’ll be better prepared to avoid becoming a victim of cyber threats.
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