Declare ‘Scram’ to Scam

Oct 22
10:03

2010

Mark Eting

Mark Eting

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In the digital age we live in today, online scamming is second nature. Learn how to protect yourself from those who take advantage of technology.

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Several perks come with the omnipresence of the World wide web. You can check your e-mail while on a plane,Declare ‘Scram’ to Scam Articles find out more about fascinating topics, and have a fresh wardrobe with a few clicks of a mouse. But, with this advantage comes a drawback. In an era where it’s probable to never leave your house with the help of the World Wide Web, security is an issue. Scam artists have mastered their craft and can easily retrieve all of your classified information. You'd imagine web surfers have started to wise up to Online rip-offs. However you’d be mistaken. How far is too far when managing your finances? 

After years of trying to pull through from the dot-com hangover, the Internet is successful again. Forrester Research predicts that online retail sales in the U.S. will be almost $250 billion in 2014, up from $155 billion in 2009. Last year, online retail sales were up 11%. You know what else is on the increase? Web crime. From January 1, 2008 to December 31, 2008, the Internet Crime Complaint Center website received 275,284 complaint submissions. This is a 33.1% escalation when compared to 2007.

Nearly three-quarters of all complaints with the Internet Crime Complaint Center are online auction fraud accounts. There are many varieties of this eBay-like deceit, but the most widespread is when you send in money and get nothing but grief in return. 1 scammer accepted bids meant for Louis Vuitton bags that she didn't have, and then scoured the Web seeking inexpensive knockoffs that cost lower than the winning bid. She managed to gather at least $18,000 from bidders before she was outed.

 Another internet scam deceives you through your own inbox. You receive an e-mail that appears like it’s from your bank, cautioning you of identity theft and requiring you to log in and verify your account information. While the e-mail could give the impression of being authentic with logos and links, it’s as artificial as that Louis Vuitton bag. The information you enter on the bogus site can be sold to criminals who will use it to ruin your credit and drain your account.

“Congratulations, You have won an iPhone!” is a message many of us have received in our inboxes. The message claims all you have to do is go to a website and supply them with your credit card information to cover the shipping and handling costs. Two or three months later, mysterious expenses begin showing up on your bank statement, but your free iPhone never arrives. The only thing that gets shipped and handled is your identity.  

You can find many of Online thefts. So remember to say ‘scram’ to scam and think logically before providing anyone your classified information.