Top 5 social media phishing scams to avoid. » Mortgage Masters Group

Top 5 social media phishing scams to avoid. » Mortgage Masters Group

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Banks, building societies, insurers and credit card providers are detecting – and preventing – 800 cases of fraud worth. no money to secure a mortgage and buy their home. Methods used by scammers.

The hot season brings out the pests, including scammers that will set you up for a big sting. Bankrate tells you about 5 scams to avoid in summertime.

How to Avoid Phishing Scams. A phishing scam is a malicious attack attempting to trick the target into entering sensitive information. The hacker behind the phishing attack is often trying to acquire user names and passwords for financial systems, credit card information, PayPal login information, or other personal information to be exploited at a later time.

Lower Interest Rate Scam: How To Avoid. Every call you receive that has an automated service should be hung up on. When banks or credit unions have special offers, a real person will call you directly. Lower Interest Rate Scam: How To Report. Make your family and friends aware of this scam by sharing it on social media using the buttons provided.

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Social Media Phishing Attacks Soar 500%. Social media phishing attacks jumped by a massive 500% in Q4, driven by a huge increase in fraudulent accounts including many posing as customer support for big name brands, according to Proofpoint. The security vendor revealed the findings in its Q4 2016 Threat Summary and Year in Review report.

Create email spam filters – The best way to avoid phishing emails is to never receive them in the first place. Create email filters to block spam and unwanted attachments or images. Report it – If you receive an email you believe to be a phishing attempt, forward the email to spam@uce.gov. Social media phishing attempts

Spear-phishing is especially commonplace on social media sites like LinkedIn, where attackers can use multiple sources of information to craft a targeted attack email. To protect against this type of scam, organizations should conduct ongoing employee security awareness training that, among other things, discourages users from publishing.

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