Impersonating bank scam warning!

Impersonating bank scam warning!

A scam operating on the internet which involves impersonating well-known New Zealand financial adviser Frances Cook is contacting Ms Cook’s followers on social media. Those who comment on her content will receive a message from the scammer or scammers. Frances has 150,000 followers on twitter and the scammers will contact her followers with some offer. Frances will never message you with some offer or try to convince you to purchase cryptocurrency. With so many twitter profiles of Frances Cook it is hard to know who the real Frances Cook is.

It is the same old story of doing your due diligence.

Online banking scams the new norm

It is no secret that online banking scams are costing New Zealanders millions of dollars per annum and with technology such as artificial intelligence coming on the scene scammers have new ways of scamming people. It is important to put rules in place to prevent you from being a victim of a scam. Here is a list of rules to follow. You may have others that you could add to this list or may come up with others at a later date.

Don’t s

  1. Don’t use a common password such as your pet’s name or the name of your home town.
  2. Don’t sign in through a link in your email but instead type out the bank’s website address in the URL bar.
  3. Don’t save your password to your device.
  4. Don’t use the same email address your your banking as you do with a dating website.
  5. Don’t click on any banking links in your email
  6. Don’t link your debit card to your everyday account

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  1. Don’t have your wages go into your debit card
  2. Don’t just leave thousands of dollars in your ordinary savings account but put it in a separate account or bank that is not linked to the internet.
  3. Don’t click on any unfamiliar links in your email.
  4. Don’t use the same password for different accounts

Do’s

  1. Do be sceptical when you are offered an investment opportunity online.
  2. Do keep your financial affairs private apart from your own bank.
  3. Do ask for financial advice if you suspect something is not quite right.

4 Do change your passwords now and again.

  1. Do ensure you have 2 factor authentication in place for extra security
  2. Do invest your money in several places for extra protection.

About this article: The information in this article may not be applicable to your personal circumstances therefore discretion is advised.

www.robertastewart.com