Scams are becoming a bigger threat to the economy of any country. The pace at which fraudsters are attacking and luring innocent people is alarming. Now, there are reports that there has been fraud involving ICC. It has been speculated that ICC lost close to $2.5 million in this fraud.

The fraud was done through email. The culprit was depicted as a legit professional and duped the organization of the large amount. The amount was reportedly lost through online transactions.

Now, this raises the question that how can one safeguard themselves from online horror. For that one needs to stop paying attention to the emails that one gets involving any kind of payment.

These emails can be anything from a lottery winner notification or any other email involving a big surprise as a result of some XYZ competition. These emails promise you a big amount, but in the end, they end up taking from you a large amount of money by either packing your account or by making you pay some kind of charges or taxes to get the prize. Several people do the mistake of believing the email.

Now, the introduction and usage of online payment systems for almost everything, are making frauds even more effective. So, to avoid such a situation there also needs to be caution that one needs to stop sharing their details with an unknown person.  

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The source of such frauds is difficult to track as the culprits use internet-connected devices ad use software that makes it impossible to track them. The horrific result of such incidents can also be avoided by making use of the usual reliable modes of payment and avoiding unnecessary purchases on unknown websites. We also need to put some boundaries on the unending purchases that we make through our credit or debit cards. 

Frauds can also sometimes result in our identity loss. Sometimes the culprits use our details to commit crimes and then we are the ones who get blamed for the loss. So, it is important to avoid sharing our details with others. 

In recent times, there have also been attacks on some big organizations that have resulted in a loss of details of the users. The loss has resulted in the details being sold to interested parties over the dark web. So, we must check the security settings of our online accounts regularly. We also need to avoid creating accounts on unknown websites that are very new. We can identify some of these websites by paying attention to the pop-ups that come up and what happens when we try to close them up. So, any website which redirects us to some other third-party website is not good. 

So, we must take care of that with whom we are sharing our details online. We also need to use the new security features that companies introduce from time to time. For example, we can safeguard our email accounts by enabling the authentication feature. This way we can stop others from getting into our account.