Last update:October 30, 2024, 1:58 PM IST

Scammers are becoming more cunning, using new tactics to prey on unsuspecting victims.

Cybercriminals set up counterfeit storefronts offering highly sought-after items at unbelievable prices. (Representative image)

As Halloween approaches, it’s not just ghosts and ghouls lurking in the shadows – digital payment scams they are also growing. Payments company Visa has shared expert tips to help you navigate this spooky season safely, encouraging everyone to be a Satark Nagrik (vigilant citizen) against fraud.

In an age where online transactions are the norm, scammers are becoming more cunning, using new tactics to rip off unsuspecting victims.

Visa has been identified five scams in development that every online shopper should be aware of this Halloween, along with tips to protect yourself from falling victim to these tricks.

1. Pig slaughter scams: Scammers use social media and dating apps to research potential victims, building trust before luring them into fake cryptocurrency schemes that promise high profits. Visa advises against unsolicited investment offers and stresses the importance of vetting any opportunity before investing. Remember, if it sounds too good to be true, it probably is!

2. Inheritance Scams: Fraudsters often masquerade as lawyers, enticing victims with false claims of inheritance. They ask for personal information or upfront fees to release the funds, often using a “test transaction” to appear legitimate. Visa urges individuals to verify any such claims through official channels before sharing sensitive information.

3. Humanitarian aid scams: In times of disaster, scammers exploit people’s goodwill by creating fake charities and pressuring for emotional donations. Visa recommends donating only to verified organizations with reputable websites and secure payment methods.

4. Triangulation Fraud: Cybercriminals set up counterfeit storefronts offering highly sought-after items at unbelievable prices. These scams can lead to stolen payment information and unfulfilled orders. To stay safe, Visa encourages shoppers to use secure payment methods, such as tokenized credit cards, which offer additional protection and recourse.

5. Phishing scams: With the rise of artificial intelligence, phishing scams have become more sophisticated, tricking consumers with realistic delivery messages and malicious links. The dream advises vigilance; always check sender details and verify links before clicking.

This Halloween, don’t let scammers turn your candy into tricks! By being informed and vigilant, you can enjoy the festivities without falling victim to scams. Remember, with a little caution and awareness, you can keep your digital payments safe and celebrate the spooky season worry-free.