EXPERIENCED WINNIPEG CRIMINAL LAWYER

Steps To Take When Escrow Funds Are Stolen Via Cyber Fraud

Last updated
January 27, 2024

Currently, the Internet has become an indispensable resource to carry out our daily activities. Since not only do we look for information, it also facilitates us to send files, documents, and even money regardless of what part of the world is required to post. But as the use of this tool grows, frauds are also more common. People who commit Cyber Crime use electronic means to deceive you into obtaining an undue benefit. Although by doing so by these means, there is no physical deception, there is a violation of privacy and misuse of the information collected significantly during escrow funds. 

If you are one of those who
regularly carry out transactions on the internet, you must establish different
security measures to avoid falling into escrow fund fraud, since all they want
is to obtain your personal information to damage and jeopardize your assets.

Here are some types of Cyber Crime so you can identify them and be prevented from any threat.

·      PHISHING

Phishing is one of the most
common because whoever does it obtains your confidential information to later
impersonate you, without you noticing. It is usually through an email, which
contains logos and emblems of a Financial Institution, so you do not doubt its
origin. 

·      PHARMING

Through a link, they redirect
the consumer to a fake page to proceed with the scam. Do not fall for contests
or offers that promise rewards, check their origin before entering your data.
Ignore the pop-up windows that congratulate you on having won a prize, trip or
raffle, since they usually direct you to fake websites where your data is
required to grant you the reward.

·      SPAM

Also known as junk mail, it is
an email with deceptive content that is sent to one or more recipients who did
not request it. The purpose is to download a file that is usually a virus that
steals information from your device.

Measures To Protect Yourself From Escrow Funds To Get Stolen Via Cyber Fraud

  • Do
    not provide your Personal Identification Number (PIN), or any other personal
    information that is linked to your finances.
  • Change
    your access passwords.
  • If
    you need to open a personal account on a public computer, be sure to close it
    before you leave.
  • Avoid
    making shopping sessions or electronic transfers on public or shared computers.
  • Before
    throwing away any document that has personal or financial information, destroy
    it entirely, and verify that no data can be extracted.
  • Keep
    in mind that no Financial Institution requests personal or confidential
    information by email or phone.
  • Do
    not click or open suspicious links.
  • Do
    not answer any suspicious email from unknown senders to grant you the reward.
  • Verify
    that the site you are browsing has the security protocol “https: //” and a
    closed padlock in the address bar.
  • For
    no reason, enter your passwords, especially banking, in places that you reached
    by an email link or instant message. 
  • Protect
    your computer or mobile device with security software (antivirus).
  • Make
    sure your passwords are secure, do not put birth dates or any personal data
    that is easy to guess.
  • If
    you download applications, do it through official stores and developers.
  • If
    you experience more than two of the above situations, your escrow funds may be
    at risk. Remember that nobody is exempt from being a victim of Cyber Crime and
    preventing is always better than facing a bigger problem in the future.

Call a Lawyer:

In case of facing a fraud problem, it is advisable to contact Cyber Fraud Lawyers to resolve and avoid further damage. Call our team of Cyber Fraud Lawyers today to discuss and to receive advice. She will assist you in covering insurance coverage with law enforcement channels so that the lawsuit can be filed. 

Finally, do not forget to
monitor your accounts for some time to avoid possible surprises.