An e-wallet scam is a fraudulent attempt to steal money or personal information from someone using an electronic wallet, also known as a mobile wallet. Scammers use common types of scams like phishing, smishing, vishing, fake apps, QR code scams, social engineering, and man-in-the-middle attacks to achieve their goal. To avoid e-wallet scams, it is important to be cautious of unsolicited messages, never click on suspicious links or download attachments, only download apps from official stores, be careful when scanning QR codes, use strong passwords and enable two-factor authentication, keep devices updated, and report any scams to the authorities and e-wallet provider.
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Explained: What is e-wallet scam and how you can stay safe
An e-wallet scam is a fraudulent attempt to steal money or personal information from someone using an electronic wallet, also known as a mobile wallet. Scammers use common types of scams like phishing, smishing, vishing, fake apps, QR code scams, social engineering, and man-in-the-middle attacks to achieve their goal. To avoid e-wallet scams, it is important to be cautious of unsolicited messages, never click on suspicious links or download attachments, only download apps from official stores, be careful when scanning QR codes, use strong passwords and enable two-factor authentication, keep devices updated, and report any scams to the authorities and e-wallet provider.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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