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How to avoid online scams and what to do if you become a victim

Economic Times · 3m

Cybercrime, particularly scams involving social engineering, is increasing, targeting people of all ages. Scammers use deception and emotional manipulation to trick individuals into divulging personal or financial information. It is crucial to stay informed about common scams, avoid sharing sensitive information, and practice online hygiene. If someone becomes a victim, they should report the fraud to their financial institution and law enforcement agencies such as the local police and the Secret Service. Recovering funds is often difficult, but individuals can get their devices cleaned and take steps to secure their accounts. To protect others, it is essential to be aware of cognitive decline indicators in older adults and establish trusted contacts on financial accounts. Monitoring services can help detect potential exploitation.