Every 39 seconds, someone falls victim to a cyberattack. Every day, the FBI receives thousands of fraud complaints. Every week, large organizations face near-certain BEC attacks. Every month, millions of dollars vanish into scammers' accounts, never to be recovered. But you don't have to become a statistic. The fraud schemes costing billions of dollars share common characteristics. They exploit predictable human behaviors. They rely on victims not knowing what to look for. They succeed because people don't verify before they trust. This guide gives you the knowledge to recognize these schemes, the tools to prevent them, and the procedures to stop them before financial damage occurs. The $16.6 billion question isn't whether you'll be targeted—it's whether you'll be prepared when you are. Let's get started. https://lnkd.in/e8N6FK_r https://lnkd.in/eaiSNqRP https://lnkd.in/eb2uE_4J https://lnkd.in/eJ8Grdxt

💪🏻Raising Awareness of Fraud Prevention – Privacy Commissioner’s Office Publishes Anti-fraud Leaflet and Poster📯 🧡The PCPD has published a new anti-fraud leaflet and poster 🤩 to enhance public awareness of fraud prevention and personal data protection. 👍🏻👍🏻 With the theme “Too Good to be True?” 🐸, the leaflet and poster remind members of the public that there is no such thing as a “free lunch”, 🙅🏻♂️🙅🏻♀️ and the public should stay vigilant against fraud. The leaflet outlines: 🌟Common types of scam; 🌟Practical tips on fraud prevention; and 🌟Useful information to help guard against fraud. Both publications will be distributed to📍 District Offices, 📍community centres, 📍elderly centres, 📍banks and 📍schools, and will also be featured on various social media 💻and online platforms. 📱 📩Download the anti-fraud promotional leaflet (Chinese only):  https://lnkd.in/gvNijGi5 and 📩 Download the anti-fraud promotional poster: https://lnkd.in/gtX79Y7e 📽️ Don’t forget to watch the anti-fraud videos👀: https://lnkd.in/gXUhHcRY 😉And visit the PCPD’s “Anti-fraud Tips” thematic webpage for the latest updates: https://lnkd.in/gDXyGhyh #Privacy #DataProtection #PCPD #PrivacyCommissioner #AdaChung #AntiFraud #AntiFraudSeries #DontHandOverYourPersonalData #BewareofFraudsters #TooGoodToBeTrue

October is Cybersecurity Awareness Month, making it the perfect time to review how to protect your personal information. As a financial advisor, here’s some key info and tips I suggest internalizing and making habit: 🔒 Protecting Yourself from Identity Theft — What You Need to Know 🚫 How identity thieves get your info: • Going through your trash — always shred sensitive documents • Skimming devices at gas stations or ATMs — tap to pay is safer • Phishing emails or texts — don’t click on unknown links • Stealing mail, wallets, or even data from employers ⚠️ Warning signs to watch for: • Unfamiliar accounts or credit checks on your credit report • Missing bills or mail • Strange charges or withdrawals 🛠️ What to do if your identity is stolen: • Call your bank and credit card companies immediately • Place a fraud alert or credit freeze with the credit bureaus • File a police report and report it to the FTC at 877.IDTHEFT ✅ How to stay safe: • Secure your Social Security card and sensitive info at home • Shred old bills and documents • Don’t click links from unknown emails or texts • Review your credit report at least once a year • Consider credit monitoring services #CybersecurityAwarenessMonth #IdentityTheft #ProtectYourInfo #FraudPrevention #CyberSecurity #FinancialWellness #ProtectYourData #FraudPrevention Video link to use: https://lnkd.in/ejSf_UGQ

"Caller ID spoofing now accounts for roughly 64% of reported fraud cases involving phone calls and text messages". "A growing wave of caller ID spoofing attacks, in which criminals falsify the number displayed on a phone to appear legitimate, has prompted Europol to call for urgent, coordinated action across Europe". "The agency’s new Position Paper on Caller ID Spoofing highlights that the practice underpins a wide range of online fraud schemes and social engineering scams, costing an estimated €850m ($990m) globally each year". #CallerIDSpoofing #GoToKnow #Spoofing #CFCA #SpoofingAttacks #SpoofingAsAService #Fraud #Scams #SocialEngineering https://lnkd.in/dRBFArkc

#DAY 21 RESPOND EARLY Identity Theft Red Flag? 🚩 DON'T WAIT! Identity theft is a race against time. The sooner you report suspicious activity, the less damage thieves can do to your credit, finances, and reputation. If you spot a warning sign (unfamiliar charge, new credit card application, missing bill): 📞 Call the bank/company immediately to freeze or close the affected account. Report the crime to the appropriate regulatory body (e.g., the FTC in the US, local police). Place a fraud alert on your credit file. Every hour matters. Early reporting is your best defense! #IdentityTheftAwareness #ActFast #CyberSecurity #FraudAlert

When we talk about online fraud, our first thought is often the financial loss. But what if I told you the cost is much, much higher? I recently revisited Cassandra Cross’s powerful TEDx talk on online fraud, and her words perfectly capture the critical message we need to share: It's time to stop blaming the victim. Here's the harsh reality that gets overlooked: * The Myth: Victims are often stereotyped as "greedy, gullible, or uneducated." * The Truth: Fraud cuts across all demographics. Victims are successful people in every aspect of their lives who were expertly targeted and exploited. *The Hidden Cost: The impact is far greater than money. Victims experience physical deterioration, severe emotional/psychological problems (including depression and suicidal thoughts), relationship breakdowns, and social isolation. The immense shame and stigma associated with online fraud means victims suffer in silence, afraid to disclose what happened. As professionals and as a society, we must shift our focus to the offenders; those who deceive, manipulate, and exploit. Our first response to a victim must be empathy and acknowledgment, not judgment. The overwhelming desire of every victim is simply to be heard. Let's change the conversation and be the voice that ends the silence. Watch the powerful TEDx talk that inspired this post: Https://https://lnkd.in/gsqW7bYE . . . . . . . . . #OnlineFraud #FraudVictims #Stigma #Empathy #Cybersecurity #FraudAwareness #RBC #FraudStrategist #FraudAnalyst #FraudManager

A huge thank you to Common Pantry for the opportunity to present an important seminar on Elder Fraud Prevention for our Chicago seniors. Protecting our community is at the heart of what we do, and sharing resources like our SmartShield service is vital in helping seniors stay informed, confident, and safe. During the session, we discussed key red flags everyone should watch for, including: • Urgency or pressure to act immediately • Secrecy, especially when someone tells you not to speak to family or your bank • Requests for passwords, one-time passcodes, or access to your accounts • Unsolicited calls, texts, or emails asking for money or personal information We also reviewed how to report fraud quickly and safely: • Contact the Fraud Hotline available • Forward suspicious emails to the designated fraud reporting email • report concerns, review accounts, or close compromised ones Empowering our seniors with knowledge is one of the best defenses against fraud. Thank you again, Common Pantry , for opening your doors and allowing us to support such an important mission in our community. #Love53 Fifth Third Bank

The Social Security Administration has issued a warning about a new multi-pronged robocall scam that claims recipients are under investigation for identity theft. This scam is designed to scare Americans into sharing personal information. Learn more: http://bit.ly/48zqnH8 #robocall #identitytheft #scam

Fraud continues to evolve, from identity theft to financial scams, the risks are real and widespread. Join us in observing International Fraud Awareness Week as we raise awareness in our community and share knowledge to help prevent fraud.   Key tips to protect yourself:  - Recognise urgent or suspicious requests for sensitive information.  - Use strong, unique passwords and enable two-factor authentication. Verify identities before responding to requests, especially from unknown contacts.  - Report suspected fraud quickly to authorities and financial institutions.    Stay alert and stay secure, prevention is our strongest defence. Be vigilant to safeguard your assets and peace of mind.    #WRISE #FamilyOffice #WealthManagement #InternationalFraudAwarenessWeek #FraudPrevention

What is one of the best defences against fraud? Being aware of the latest trends and statistics, to better inform your fraud prevention strategy. And that’s exactly what we want to help you do ⬇️ In our Q2 2025 Fraud Index Report, we cover: ▪️ The number of fraud applications ▪️ A breakdown of common fraud rates and types ▪️ A summary of the past year, with suspected and confirmed fraud figures Don’t miss out. Get the insights you need to strengthen your business in the fight against fraud: https://lnkd.in/eSkhwdcG #Fraud #FinCrime #FraudPrevention