Top 3 Scams – October 1, 2019

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1. Amazon ‘Update Account’ Scam

Bad guys are targeting Amazon customers, urgently claiming you need to update your information or your account will be permanently disabled. They count on you getting worried and acting quickly without thinking it through.

The phishing emails purport to be notifications from Amazon informing you that you need to update your information within twenty-four hours or your account will be permanently disabled.

When you click the “Update Now” button in the email, you’ll be taken to a convincing imitation of an Amazon login page. After entering your credentials, the phishing page will present a form for you to input your name, address, phone number, and date of birth. Next, you’ll be asked to provide your credit card and bank account information–all information you’ve probably given to Amazon before.

Finally, the phishing site informs you that your account has been recovered and says you’ll be automatically logged out. You are then redirected to the real Amazon website.

The email itself has several red flags like typos and bad grammar, but the worry people have about losing their Amazon accounts makes them click anyway.

How can you avoid this?

2. Watch Out for Fake Video Scams

The bad guys are using social media messaging platforms and emails to send dangerous phishing links that are disguised as a link to a video. The scammers provoke you into clicking by asking, “Is this you in the video???”

Don’t fall for this.

They are counting on an impulsive emotional reaction. It’s important to note that these attacks almost never actually involve a video; they’re only creating a reason for you to click the malicious link.

What makes them especially dangerous is when they come through social media platforms, appearing as if from a friend or someone you know.

Stay safe with these tips:

3. Yahoo Settlement Scam

Yahoo is close to reaching a $117.5 million settlement in a class-action lawsuit over a series of data breaches that affected users between 2012 and 2016 — and you could be eligible for a $100 check and/or free credit monitoring if you had an account during that period.

From 2012 through 2016, several hacks penetrated Yahoo systems and stole billions of records. While this settlement is not nearly as big as the $700 million settlement that credit agency Equifax agreed to for its 2017 data breach involving 147 million records, it’s still enough of a phish bait to deceive people into disclosing their personal information.

Yahoo is offering two years of free credit-monitoring services to anyone who had a compromised account, along with various refunds and up to $25,000 in out-of-pocket losses, if applicable. If you can verify that you already have credit-monitoring, then you can ask for a cash payment of $100.

Similar to scams surrounding the Equifax settlement, bad guys are using the “urgency” trick. Yahoo’s settlement is a set amount, meaning there’s only so much cash to go around, so if you’re going to make a claim, you’d better do it fast.

They are sending phishing attacks that look like they come from Yahoo. When you click on the links, you wind up on a fake website that looks like it’s Yahoo, but will try to steal your personal information. Don’t fall for it.

So how can you protect yourself?

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