Security News > 2021 > February > Fallen victim to online fraud? Here’s what to do…

Online fraud is a huge challenge for businesses and consumers alike as cybercriminals continue to develop new mechanisms to separate innocent parties from their money.

Some reports suggest that scams claiming you can "Earn" lots of money from home with little effort and no risk have gone up by as much as 66% in the past year.

The scammers then run off with your credit card details.

UK consumers are protected under section 75 of the Consumer Credit Act, while Consumer Protection laws cover buyers in the US. Unfortunately, whether you can make a claim or not depends on the type of scam you have fallen for, so please get in touch with your card provider for assistance.

If you have been caught out by a convincing scam and unwittingly transferred money into another bank account, you should contact your bank immediately for help.

Using two-factor authentication means that your password alone is not enough for scammers to log in to your account.

News URL

https://nakedsecurity.sophos.com/2021/02/12/fallen-victim-to-online-fraud-heres-what-to-do/