A Spotlight about Cybersecurity Threats 2021

This type of ruse is most commonly found in e-mails, websites, chat rooms, and message boards. Fraudsters prey on businesses and individuals by creating bogus websites or sending fraudulent communications. The bogus messages are sent via e-mail or social media sites.Do you want to learn more? visit

Their phishing websites, also known as spoof websites, are meant to look like legitimate websites. They also utilise a variety of methods to obtain information from their potential victims, including social security numbers, credit card information, complete names, passwords, and the names of their internet accounts. An online fraud is not only inconvenient, but it also puts your personal, financial, and computer information at danger.

The ‘pump and dump’ scam are a common online scam. Victims of this con are frequently pressured to acquire or sell their stocks before the price falls. The con artists claim to have important knowledge about a forthcoming event, but their true motivation is to profit by selling their shares after the stock prices have been inflated by unsuspecting investors. They will cease advocating the stock once they have sold their shares, and the price will decline. As a result, the investors will lose money. Because it is easier to manipulate stocks when there is little information accessible about a company, fraudsters frequently target small-time companies for this type of internet fraud.

The ‘pyramid’ is another common online scam. This one is a cinch to spot. Typically, con artists would present potential victims with fantastic prospects. For example, they may persuade naïve people that they can make a lot of money in a short period of time. Those looking for a quick buck are frequently drawn into this online scam. They are unaware that this scam is simply an electronic version of the ‘pyramid scheme,’ in which participants try to gain money by recruiting new members and forcing them to pay a fee.