Business and financial scams are happening every day. Anyone who owns a computer of phone is subject to scams one way or another. While the attempts of these scammers can sometimes be easily identified, other attempts may be more elusive and well-thought out. This article will discuss some of the major financial scams that are attempted and what to watch out for if you suspect you may be a target.

Phishing Emails

A common form of scamming is through phishing emails. The phishing email scam is used to try and gain personal information by sending an email to an employee that has a malicious attachment to it. Phishing emails communicate a false sense of urgency or threat of losing one’s job if they do not act quickly. If the phishing email is complete, the scammer could have access to you and your company’s sensitive information. To identify if you are a target of phishing emails you want to make sure that the email address or website provided in the email is legitimate. If the email address or web address has typos, it is more likely a malicious address. Any website that does not have an “https” in the URL should never be used to exchange sensitive information on. A website is not secure to exchange sensitive information if it does not have “https” in the URL code.

Lottery Scam

Another scam is called the lottery scam. This is when someone receives an email saying that they have won a large sum of money or cash because they were chosen from a lottery. A good rule of thumb for this type of online scam, as well as many other forms, is that if it seems too good to be true, it usually is. Before you submit any private or sensitive information into a website or email, be aware of where the information is going and for what purpose.
Many email scams share similar tactics and traits when trying to solicit someone for money. Unsolicited approaches for money, serious threats in the form of the IRS or your own life, and even asking to put money in your own bank for later use are all standard forms of email scams. You should never have to submit or share any kind of personal or sensitive information to a website that you are not completely one hundred percent certain of their legitimacy. If you are unsure of what a scam email looks like or if you are the target of a certain scam, talk to friends and family or even research examples online. Be wary and stay safe!