On-line fraud has been an extremely large issue over the past decade for Millennials. Every now and then I will get obvious fraudulent e-mails that say something like, “You’ve one a billion dollars, click here to receive your prize.” Emails like that, typically aren’t the issue for me or most of my generation because we know offers like those are way too good to be true. It is false e-mails sent from a friends of ours name, which sometimes can be tricky. Also, some scammers have even created false on-line shopping sites to help them steal your credit card information. Scammers create false websites that imitate sites like Amazon.com, which have functional shopping carts and check out pages where your personal information is stolen. Millenials have lost thousands of dollars from operations like these.
Currently, research has shown that the majority of Millennials are concerned about being scammed online. A study from Mashable, showed that 62% of Millennials (ages 18 to 24) are worried about their personal information being abused and misused on-line. For being such a tech savvy generation, we are still just as vulnerable as every other generation when it comes to on-line scams. Since, so many Millennials have smart phones these days, they are even more vulnerable to scammers when they make purchases from them, make banking transactions, and when they conduct their social media sites. Many mobile service companies offer fraud protection programs and virus protection downloads for smartphones. This is something Millennials should seriously consider before conducting personal activities on their phones.
Some tips to help avoid on-line fraud consist of not trusting any site that calms to be secure. You should also send an e-mail to the seller to make sure the e-mail address is active and legitimate. Make sure to never give out your credit card number on-line unless the site is a secure. Finally, make sure that you are buying merchandise from a justifiable source, and also be cautious and aware when dealing with your personal information.