July 20, 2024
High-Tech Digital Fraud

With technological advancement, fraudsters have also figured out new ways to get into people’s systems. They have made social platforms, wifi hotspots, pop-up ads, and other online tools their playing grounds. One would think, how could clicking on a link in an email or a pop-up ad on a website can hurt anyone? It’s high time to realize that malicious software comes in all shapes and sizes. That’s why everyone must look for potential danger while on the internet. 

On that note, we talked to Raghib Khan, Co-Founder of RNF Technologies & Director of its product development arm, Phonato Studios. As RNF Technologies specializes in delivering creative solutions and digital products to global businesses, we thought Raghib Khan would be a great fit to discuss and highlight high-tech digital frauds. 

High-Tech Digital Frauds, Highlighted By RNF Technologies’ Raghib Khan

  • Social Network Frauds

Hackers get access to victims’ social media accounts and use that information to reach out to their friends. They then send messages to their victim’s account asking for money or personal details by creating an emergency. Friends believe it to be their known person, sometimes even transfer the details and thus get trapped into the fraudsters trick. Later, they learn about the hacked account and that they shared information with the wrong person. Various hackers use social media to conduct digital fraud with people, underlines RNF Technologies’ Raghib Khan. 

On that note, Raghib Khan, RNF Technologies, suggests people keep updating their passwords and choose separate passwords for different platforms. Otherwise, if hackers access one account, they can use it for other accounts, thus making it difficult for the victim to track what the fraudster has hacked on all platforms. Also, if you get a message or email from your friend asking for money or personal information, talk to them directly instead of transferring the money instantly. Hackers use an individual’s beliefs and emotions to trick them. It is why always verify before taking a big step online.

  •  Mobile Malware Frauds

Many mobile devices ask for phone unlocking before downloading some unapproved applications. Often, users try to download such applications to explore a new app, or it is directed to them by a message. These apps have malware that can affect their phones or data, so the device unapproved such an app. Fraudsters trick people by sending messages or showing pop-up ads to these users to trap them into their tricks. Once the user downloads such an app, the fraudster gets access to the phone and thus tracks the user’s personal information. 

To avoid such tech fraud, Phonato Studios’ Raghib Khan advises using apps that are approved by the manufacturer of your mobile devices or any other reputable source. Instead of downloading anything and experimenting with the apps, verifying their authentication is better. Fraudsters design some apps only to get your phone’s information or send malware that affects your phone unpleasantly.   

  • Wireless Interlopers 

Easy access to WiFi hotspots has made it easier for people to connect and search or work from any time and anywhere. But are those free wifi access safe and free from fraudulent activities? questions RNF Technologies’ Raghib Khan. He raises a concern about these free internet connections and underlines how fraudsters use a wireless connection to capture someone’s signals from a measurable distance.  

Although wifis are making life easier, they are deployed as a new hacking method by fraudsters. Considering the WiFi security issue, Phonato Studios’ Raghib Khan encourages people to double secure their WiFi networks and be careful while signing into a new wifi hotspot. 

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