Online fraud continues to evolve and keep at pace with the changing habits of users and their day-to-day activities on the Web. Scammers and organized crime groups know that they need to make their tactics and schemes more suitable to the current habits, devices, software programs and activities of their intended victims, in order to lure more unsuspecting users to their cyber traps.

For example, when large numbers of people around the globe started using mobile devices and hanging out in the mobile Web, scammers designed their tactics and schemes for committing online fraud to target the most popular mobile devices, apps and operating system (OS) versions. In addition, when social media platforms became a craze across massive groups of users worldwide, fraudsters designed their malicious technologies, fake offers, promotional materials and tactics to best suit their target victims in the most widely used social media sites and apps.

If you regularly use your mobile device to hang out in your favorite social media platforms like Facebook, InstaGram and Twitter among others, then you must educate yourself about the newest types of online fraud that are targeted at these social media sites and apps. You also need to update yourself about the current tactics and schemes that are being used by fraudsters and organized criminal groups now for their Web scams, malware distribution operations and the like.

When you sign up at BigScammers.Com, you’ll get alerts and updates whenever a victim posts a Web scam complaint or files a Web crime report in the user-generated content repository of this Internet community. You’ll also get helpful comments, pieces of advice, tips and guides to avoid online fraud, which are shared by cyber security experts and online privacy specialists in this Web platform.

This can allow you to recognize certain tactics, schemes and materials on the Web that could potentially be components of online fraud. You’ll be able to avoid these Web scams before it’s too late. To start you out on the right foot, here are some of the most prevalent online scams as recently reported by many users worldwide in BigScammers.Com:

Most Prevalent Types of Online Fraud This Year

  1. Phishing Scams – According to RSA FraudAction, 120 new phishing attacks were created and sent out each hour on average last year. Out of these 120 phishing attacks, 60% were targeted at American users, and 60% also came within certain states and cities in the USA. This online fraud is mainly designed to commit identity theft by tricking victims into giving away their sensitive details, personal information, financial account credentials and other confidential documents.
  1. Tech Support Scams – A variant of ransomware, this online fraud is mainly an extortion scheme that’s designed to scare users into paying considerable amounts of money for fake tech support subscription services. Scammers pose as official tech support agents of household tech company brands like Microsoft, Google, Apple and Facebook among others. Their target victims call them when they see the pop-up messages that are displayed in the screens of their compromised devices each time they open their Web browsers.

This happens when malicious applications infect the user’s device. These are distributed by the authors of this online fraud all over the Internet, mostly in illegitimate content download platforms with copyrighted products and through tampered versions of popular software products. Fake websites that look exactly like popular websites are also used to carry out these malware infections – These fake sites are injected with covert auto download functions.

These are some of the most prevalent types of online fraud today in the USA. Check out BigScammers.Com to learn more.