Monday, October 21

Explained: What are various types of online shopping scam and tips to stay safe

A YouGov survey revealed that one in five urban Indians has experienced financial losses due to online scams, with online shopping scams being a prevalent form of fraud. Online shopping scams involve fake websites, phishing emails, social media ads, and fake shipping alerts. Scammers create fake websites resembling legitimate retailers to steal payment information. Phishing emails trick victims into revealing personal details on fake websites. Social media ads promote fake products to deceive consumers. Fake shipping alerts prompt victims to update their shipping information on fraudulent websites. To avoid online shopping scams, consumers should shop from reputable retailers, avoid clicking on suspicious links, verify the website URL, refrain from entering personal information on untrusted sites, be wary of unrealistic deals, use credit cards for online purchases, and keep computer software updated.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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