Most countries around the world continue to be plagued by cyber fraud and identity theft. This is also shown by the many Big Scammers online payment fraud complaints this year. In the USA, billions of dollars in losses are reported each year due to credit card scams and identity theft. That’s why you should start learning how to effectively (and safely) avoid Web crimes today.

Online security experts predict an unbelievable 125% growth in these card not present scams and identity fraud cases from the numbers in 2014 to the incidents that we’ll have in the next couple of years. This claim is supported by the latest Big Scammers online payment fraud and phishing scam alerts that were sent out during the past several months. This means we’re looking at almost $19 billion of losses by 2018 due to credit card fraud and identity theft in the USA alone. This is compared to the $8 billion losses that were reported by American businesses, Web shoppers and financial institutions in 2014.

There is also a 30% growth in the monthly online scam cases that were filed by American users this year as opposed to the numbers last year. Many of these monthly online scam reports involve phishing fraud. This is also shown by the rapid increase of Big Scammers online payment fraud and phishing scam complaints this 2016.

Significant contributors to this growth are online payment fraud, Web extortion scams and phishing schemes, according to the latest Big Scammers online payment fraud alerts these last few months.

  • What Are Big Scammers Online Payment Fraud Alerts?

These are real time notifications and updates that are automatically sent out by this online community whenever a user posts a scam complaint in BigScammers.Com. By signing up at this website, you’ll be able to conveniently receive instant Big Scammers online payment fraud alerts and phishing scam notifications straight to your email inbox.

How can these Big Scammers online payment fraud and Web crime alerts help you avoid these Internet scams? Well, by learning about the exact schemes and tactics that are currently being used by these solo fraudsters and criminal syndicates for their illegal activities on the Web, you’ll be able to devise the most suitable solutions to quickly spot and safely avoid these Web scams. You’ll also be able to correctly choose the right Web privacy tools, online security technologies and identity protection procedures for your situation. That’s because even if these users are anonymously posting scam complaints in BigScammers.Com, almost all of them are still including very detailed information in their postings. Here are some details that they shared about the latest phishing scams today, and how it greatly contributes to online payment fraud:

  • How Phishing Scams Work Today

These phishing scams are designed to trick users into unknowingly giving away their account credentials, private information and personal details to these solo fraudsters and criminal syndicates. This is based on the narratives of users regarding their experience with these phishing scams, as they reported in their Big Scammers online payment fraud complaints this year.

Many of these scammers use fake websites and deceptive messages to lure users into their cyber traps. These fake websites are exact clones of widely used online banking portals, Webmail platforms, social networks, instant messaging applications, Internet shopping sites and other popular Web properties.

These phishing messages are on the other hand laced with fake urgency claims and scare rhetoric. Links to these fake websites are also included in these deceptive messages. For example, many users claim in their Big Scammers online payment fraud complaints that they were tricked into thinking that they needed to log into their online banking portals to update their security settings and profile details to avoid possible security breaches and privacy risks, which were falsely advertised as recently reported by other users.

What they didn’t know was that the websites where they entered their private credentials and personal information are designed to look exactly like their official Web banking platforms, Webmail portals, etc. These are also programmed to log their inputs and automatically transmit these details to these scammers.

So, as advised by many cybersecurity experts who commented on these latest Big Scammers online payment fraud and phishing scam complaints – You should be wary of suspicious emails, mobile SMS, private messages and instant chats from unknown sources. You should also be careful even if these messages are from your contacts because many of these criminal syndicates use hacked accounts to send out these phishing messages.

You should also check the authenticity of any website before entering any private detail. What a lot of online privacy analysts suggested in their comments about these Big Scammers online payment fraud and phishing scam complaints is to also check the URLs of any link that you encounter before clicking or tapping it.