How To Stop Mobile Frauds.

Mobile phone fraud intends a lot to different people; so much ignorance has led many to unexpected end. Hence a variety of scams uses this as an advantage to either persuade you to buy phone-related products/services that turn out to be substandard or non-existent; or to make phone calls or texts to premium services by accident; or to unknowingly sign up to expensive subscription services.

As the trend for telephones increasingly continues, there have been crooks trying to call, and steal your money.

 What is new is the amazing volume of unsolicited calls that Nigerians endure each year —according to analysis  over 15 million in 2016 alone by one estimate, including lots of potential rip-offs. No wonder fraud complaints have increased nearly 70 percent since 2010, according Economic and Financial Crimes Commission EFCC; Scams are continuing to show up across the country since this year.
Especially with the massive increase on consumers,  demanding full shopping and online banking functionalities from the convenience of their Smartphone’s and tablets, this is why Every year we see an increase in transaction volumes from mobile devices. Cybercriminals know this, and are increasingly migrating to mobile as a major-vector of choice. Banks and online retailers need a multi-pronged approach, to meet customer demands while also keeping them safe, from fraudsters.

The voice on the other end of the line claims to be a crime investigator, negotiating for a payment for the release of a kidnapped person, such like “if you don’t immediately pay this amount of money, to their account, death, might be the last resort.

 Individuals are instructed to pay up to 2 million naira at some extent in exchange for the life of their love once,  watch closely this might be an act of scam from someone who knows you.

Third party applications.
Internet scam artists create little boxes that pop up on your computer screen, telling you that you have a virus and need to call for technical support. Don’t believe it. Computer companies never notify customers of a problem through pop-ups, unless it is from virus-protection software that you installed. Third party  apps might use original trademarks

And has the ability to redirect customers, to illegitimate websites with the purpose of stealing personal and financial information.
They also pose as security updates, and clicking on the links may also lead to your information being stolen.
If you receive an unexpected SMS, a strange alert or notification, or unusual requests from what may seem to be your bank or other familiar brand, beware: criminals may be trying to rip you off.
Be cautious of links you receive in email and text messages that might trick you into installing apps from third party or unknown sources.

Bank verification code.
You get a call from your bank that there is a problem with your account. To straighten it out they need your account number, bank verification, date of birth and the last four digits of your Social Security number. Drop the call. This is a scam to get information to hack your account.

Lottery skills.
You will get a call or message saying you have won a chance to participate on the on going so.. So.. And so program but you will need to claim your prize, please call this person. If there are many updates and content published but little conversations and engaging with members. They might be saying I have just paid now please confirm me and all that strategy.

If you receive a request to pay in money, or reveal any sort of sensitive information concerning your fund. know that it’s a tactic used by scammers.

This one is a daily thing for those of us here in Nigeria. A strategy asking, if you can supply goods worth of millions naira to shell or agip oil company.Some goes along way, texting you that you have an interview base on recommendations and then sending you a contact persons address and number to call.

Don’t let crooks scare you off from answering a call.
Do some research. Google the salesperson and company before you buy. Explore their reputations thoroughly. If you can’t locate solid information, walk away.
Don’t react out of fear. No matter how threatening or urgent their script, do not act immediately. Always hang up and give yourself time to think it over and check them out.
Trust your instincts. If a caller sounds fishy, hang up. The chances of losing out on a great deal are much less than losing your nest egg.
Don’t let your fraud strategy for mobile be an afterthought.

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