Chargeback Pros crypto scams funds recovery tricks? If you’ve been scammed, you’d feel devastated because of what happened, and you’d ask yourself whether the stolen funds could be recovered. Although there’s no 100% guarantee of recovery, there are ways to increase your chances of getting back your money. Before you can possibly get your crypto funds back, you’ll need to find the transaction ID code used by the scammers to steal your money. These ID codes will enable you and the authorities to trace the money and see where it’s going. Even if it’s still possible to follow your money without the codes, having this information can speed up the investigation and boost the odds of recovering your funds from the crypto scam. Discover even more information at crypto scams funds recovery.
And then there’s the not-insignificant concern of lost smartphones. A lost business phone in the wrong hands could be a complete disaster. At the very least, all phones used to conduct business should have password protection, whole-disk encryption software and a remote lock-and-data-wipe app. That way, you can erase all the information on a lost phone and prevent anyone else from using it. The rise of flexible work-from-home policies has been a major trend in recent years, which is generally great for employee morale but not so great in terms of security. It’s tricky but obviously crucial to keep up security measures when employees are doing their jobs remotely. The guidelines about smartphones apply here, but you also need to ensure that strong safeguards are in place on all company computers and devices, no matter where the employee is working.
What are the worst scams? The scams that are most reported to Netsafe are scams like tech support scams, event ticket scams and cold calling scams. The scams where people lose the most money are usually romance scams, investment scams and invoice scams. Keep your personal information secure and be sure to think carefully before entering your details online, or giving them to someone. Protect information that can be used to access your accounts, build a fake online presence or impersonate you including: Netsafe can’t open investigations or track scammers, but we can offer advice for people who have lost money in a scam or think they are about to. This includes letting you know the steps you can take and advice about how to stay safe in future. You can report a scam to www.netsafe.org.nz/report.
Hacking is an attack directly on computer systems or websites that contain financial information. Merchant account takeovers is a type of fraud that have been trending upwards over the last few years but exploded in 2020 and 2021. This is when a fraudster logs into a person’s merchant account (Amazon, Uber, Venmo) and uses saved payment information to make purchases for themselves. Merchant account takeovers can happen when a person uses the same password across multiple online accounts. If that log in information is leaked from any one website, scammers can do something called “credential stuffing”, where they use programs to test that log in information across hundreds or thousands of popular websites, hoping to get a hit. The best way to combat this type of fraud is to use strong, unique passwords for online accounts. Use a password manager can create and store unique passwords with ease. Learn more about password managers here.
The main security concerns for crypto wallet users are phishing scams that cast a wide net, as well as targeted spear-phishing attacks, according to MetaMask. Bad actors most commonly pose as a friendly face offering to help users navigate crypto’s technical jargon and trick users into handing over their funds. MetaMask’s strategy is to pool information from a number of victims in the hope that it will help both identify the scammer and make recovering the stolen assets less costly. To use the service, victims must submit a ticket for investigation.
