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What types of online fraud are increasing?
Recent reports indicate a significant rise in online fraud, particularly remote purchase scams, which have surged by 22%. Criminals are also employing new tactics like 'quishing,' where QR codes are used to phish for personal information. These evolving methods highlight the need for consumers to stay informed about the latest scams.
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How can consumers protect themselves from online scams?
To protect yourself from online scams, always verify the legitimacy of websites before making purchases. Use secure payment methods, enable two-factor authentication on your accounts, and be cautious of unsolicited emails or messages that ask for personal information. Regularly monitoring your bank statements can also help catch fraudulent activity early.
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What is being done to address the rise in online fraud?
Governments and financial institutions are recognizing online fraud as a national security threat. Initiatives like the Secret Service's 'Operation Flagship' aim to combat financial crimes, particularly those targeting vulnerable populations. Increased collaboration between banks and law enforcement is also crucial in tackling this growing issue.
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What are the signs of online fraud?
Signs of online fraud can include unexpected charges on your bank statement, receiving unfamiliar emails or messages requesting personal information, and being redirected to suspicious websites. If you notice any of these signs, it's important to act quickly by reporting the fraud to your bank and changing your passwords.
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How can I report online fraud?
If you suspect you have been a victim of online fraud, report it immediately to your bank or financial institution. You can also file a report with local law enforcement and organizations like Action Fraud in the UK or the Federal Trade Commission (FTC) in the US. Providing as much detail as possible will help authorities investigate the issue.