Don’t Be a Target to Online Fraud

Don’t Be a Target to Online Fraud

After retirement most people are left with a fund with what they lead their rest of the life. The best place to keep this fund is in the banks and after that most seniors are at peace of mind that their money is safe. However, with rise in online transactions there is fear of another thing that is online fraud! Every day criminals have some new ways by which they snatch away your money kept safe in the banks. They have different ways through which they are gathering information and then transferring the money to some offshore account. Do you know who the easiest targets are for such criminals? You, the seniors.

Be careful while doing online transactions

Most seniors are not yet comfortable with online transactions as it is comparatively newer concept for them. And this is the weak point that is utilized by the criminals. When you do investments or even send mails you may become prey to their activities, without even knowing about it. Like, your email account may be hacked without your knowledge. They will wait for the right time and once they get enough information they will do the needful! Thus, it is best that you do not share much financial information through your emails. Even if there are some try to delete those that may be containing any personal data. You will get your investment receipts through your email, but save them and delete from the email account. The hackers take all your information and impersonate like you to grab your savings, thus you need to be very careful. Moreover, now in most online transactions you do not need to put in any signature and thus they are at more liberty.

Taking steps to protect yourself

You must have got worried by now that how can you protect your last savings? Just apply your common sense and follow the things mention below and you will be much safer. Include in your plans enrolling in a 2020 medicare supplement plan

  • Keep changing passwords, be that of your email or your bank online account. The moment you change the password you are cutting off the connection of the criminal with your email or even your bank account.
  • Never ever email your signature or any important information that will be necessary for completing any online transaction. In order to share any file that contains personal data or signatures you should use secure file sharing services. Also try to relay verbally any other passwords that you need to share.
  • When you are sending any fund or making any investment expect a verification call from the bankers.
  • If you are asked about your personal information over phone do not tell it to anybody.