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How to PROTECT YOURSELF in the Digital Age SCAMS from
Written by Yaqoob Alrayes
Cybercriminals are constantly devising new ways to trick unsuspecting individuals into divulging sensitive information or parting with their hardearned money. In this article, we will highlight some of the trending cyber scams and provide valuable tips on how to avoid falling victim to them, including a focus on OTP scams, trading scams and crypto scams.
One-Time Password (OTP) Scams:
OTPs are used as an additional layer of security to authenticate online transactions, but cybercriminals have exploited this system’s vulnerabilities. In these scams, attackers trick victims into providing them with the OTP through various methods, such as phishing emails, fake websites or social engineering techniques.
How to avoid it:
Be cautious with any communication or request that asks for your OTP. Legitimate organisations or financial institutions will never ask you to provide your OTP through email, phone or other unsecured channels. Do not share your OTP with anyone and report any suspicious requests or activities to your IT security team in your company or to the relevant authorities immediately.