Scam of the day – May 30, 2024 – Tech Companies Join Together to Fight Scams

by | May 29, 2024 | Scam of the day

Recently a number of major cryptocurrency firms, tech companies and advocacy groups announced that they have joined together to help educate the public about scams, something we have been doing here at Scamicide for more than twelve years.  Coinbase, Kraken, Gemini, Ripple Labs, Meta, the Global Anti Scam Organization (GASO) and the dating site Match have formed the “Tech Against Scams” scam education initiative.  This is a very positive development and the hope is that these companies will take the lead in continually exposing scams and educating people about how to recognize scams.

TIPS

Tech Against Scams issued its first set of best practices for people to follow in avoiding scams, particularly those related to cryptocurrencies.

First, avoid third party-apps.  Only get your apps from legitimate app stores.  Second, never send money to anyone you don’t know well.  Third, reach out to friends and family to discuss potential investment opportunities to get another perspective.  Fourth, when it comes to cryptocurrencies you should only deal with legitimate, well established platforms and exchanges.  Fifth, continually educate yourself about scams.  Here at Scamicide, educating people is our sole purpose and we will continue to do so.

If you are not a subscriber to Scamicide.com and would like to receive daily emails with the Scam of the day, all you need to do is to go to the bottom of the initial page of http://www.scamicide.com and click on the tab that states “Sign up for this blog.”

What do Steven Spielberg, Kevin Bacon, and John Malkovich have in common?  In addition to being famous entertainers, they are also scam victims. Anyone can be a scam victim. Scammers have a knowledge of psychology that Freud would have envied, and they know how to manipulate us into becoming victims of scams. Phone calls, emails, and text messages are favorite methods scammers use to contact their victims, and it can be all but impossible to know who is really contacting you. Through a technique called “spoofing,” they can make their call or text message appear to come from anyone they wish.  So, how can individuals help proactively avoid becoming a scam victim? The answer is ScamAssist® from Iris® Powered by Generali. Anytime a ScamAssist customer gets an email, text message, or phone call luring them into providing personal information or making a payment, all they have to do is use ScamAssist to learn whether the communication is likely to be a scam. While Iris® Powered by Generali doesn’t offer ScamAssist for direct purchase, if you’re a business professional looking to fill a product gap in your portfolio and want to provide customers a service they’ll truly value, contact Iris to learn how you can get started. Join a growing list of companies – such as major retailers like Staples – that have offered ScamAssist bundled with other core offerings to help differentiate themselves in the market and provide their customers with a tool they will truly utilize.