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When it is too good to be true

When it is too good to be true

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Tricks of the trade: The Wangiri scam is a phone call fraud method that affects millions globally. No doubt a phone is a necessity in this day and age. But it also exposes us to a lot of dangers. Be on the alert and avoid giving out your personal and bank details to anyone.

ALMOST every day we read or hear about someone losing money to scammers.

Cybercriminals are steps ahead as they continously find new ways to steal your data and money.

Of late, there has been a rise in recruitment ads offering part-time jobs in so called “reputable’’ companies and the paypacket for a day’s work is RM500 to RM1,000.

Getting paid RM500 or RM1,000 for a day’s work is big money and certainly many would be tempted.

But, before you take the leap, ask yourself, can this be true?

Then there is the Wangiri scam making its rounds. Most telecom providers have warned their users of this scam.

This is a phone scam where the fraudsters try to extract money from potential victims by calling from unknown international numbers, a report said.

It added that scammers make many short duration calls to trick the users into calling back to a premium rate number and the fraudsters are hoping you will call back.

If you do, you will be charged a lot of money while being on the call.

What you will be listening to is usually a pre-recorded message or tone designed to keep you connected for some time.

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It was reported that Wangiri originated in Japan. It means “one ring and cut”.’ It is a fraud that affects millions of users globally.

Wangiri is said to be one of the top five fraud methods used by scammers around the world.

The report said it is a significant financial risk for phone companies and end users, who lose billions each year to such scams.

Check Point Software Technologies Ltd said more than half of the world’s population, or 4.62 billion people, use social media, which has become part of their daily lives.

While these platforms can be fun and a great way to share experiences with friends, they also present a potentially dangerous cyber security risk, it said.

It highlighted four major risk factors that everyone should bear in mind to stay safe while using social media.

Firstly, don’t share your personal information. Use different passwords to minimise damage if you are a victim of an attack.

Secondly, watch out for unsolicited password reset emails. By clicking on them, cybercriminals can get access to your entire account. Avoid it at all costs.

Thirdly, cybercriminals often use links to redirect users to malicious sites, it said. These links can come in the form of innocent looking emails or SMS.

Don’t click on them. Instead, use your usual browser to check for any messages.

Check Point said another trick attackers use to steal your data is to change a URL to make it look like the genuine article. Check the URLs by making sure that the website has an SSL security certificate. If so, you will see the letter “s” in the address bar and it reads: https://.

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