Knowledge is power. It is, therefore, important to avoid social media scams.
According to www.fortune.com, here are tips to avoid social media scams:
- Set your profiles to private and restrict your social media contacts to people you know personally.
- Be on the lookout for suspicious posts, including limited-time offers, offers that seem too good to be true, and requests for account information.
- Be wary of individuals you meet through social media sites, especially if they promise romance.
- Don’t respond to online solicitations for easy money.
- Don’t overshare on social media by providing information used by your bank or other companies to verify your identity.
- Don’t fill out every field on your social media profile such as your phone number and home address, including these details increases the chance of identity theft.
- Do not respond to online solicitations from people you do not know.
- Never share your account information with others.
- If you see a suspicious post, report it to the social media site. Suspicious posts may include unrealistic promises. If it seems too good to be true, it usually is.
- Ignore requests for account information. Scammers usually ask for information that a bank will not request through social media; a limited-time offer or urgent response required. Scammers want to motivate you to act fast so that you do not hesitate in providing the information requested.
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