Visa wants to warn consumers about online fraud during the festive period. How do you recognize internet fraud? The company provides tips to avoid falling into the trap of cybercriminals.
An increase in scam activity is expected during the holidays, Visa reports in its Holiday Threats Report. There are various ways in which criminals strike (online).
In one-time-passcode (OTP) bypass, cybercriminals attempt to steal the passcode that a bank sends to a cardholder for authentication. They use tricks such as phishing, where victims enter their code on fake websites. Criminals then use that code for fraudulent purchases. A bank will never ask to share an OTP with them via a text message. So be vigilant and thoroughly check the source that requests your OTP. Two-factor authentication is also a good way to secure access to your banking account.
Criminals can also steal payment card data during the checkout process of the online purchase without customers realizing anything. That is digital skimming. According to Visa’s report, phishing will also increase. In a phishing attack, a phishing website is created on which the scammer tries to obtain the victim’s checking account information.
70-year-old Eddy from Hoboken was recently cunningly robbed via Booking.com. For months, hackers have been able to deceive customers of the booking site into cashing payments for overnight stays themselves.
– Buy at traders you trust and know. If you do shop on a new website, it is best to do a thorough check. Look for contact details. A fraudulent website usually only has an email address and no physical address. Also check out reviews from others about their experience with the website.
– Check if there is one ‘s’ in the ‘https’ of the website hyperlink stands.
– Usage no public WiFi network during your purchases. These connections are often not secured and therefore easy to hack.
– Like a deal seems too good to be true, then there is a good chance that this is actually the case is.
READ ALSO: Eddy (70) was robbed by hackers via Booking.com: “Once you have shared that data, you are apparently powerless” (+)
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