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PROTECT WELL
Tips for Senior Citizens to Protect their Finances Online
23 December 2024
4 mins read
4 mins read
Tips for Senior Citizens to Protect their Finances Online
The rise of technology has given bad actors new ways to target unsuspecting individuals
online.
That's why safeguarding your personal information is more important now than ever.
Did you know
Between 2021-2023:
47.6%
5,533
RM253.9
Million
of the cases involved
telecommunication
fraud
senior citizens have
been identified as
victims of online scams
in total losses involving
telecommunication
fraud
Scams to watch out for
The Phishing Scam
Scammers impersonate real companies in emails, texts, or ads, urging you to click a link that can install viruses or steal information.
The EPF Scam
SMS or WhatsApp messages claiming to be from EPF, offering early withdrawal assistance for a fee.
The False
Investment Scam
Scammers will instruct you to download apps for payments towards fake cryptocurrency investments.
The Online
Shopping Scam
Purchasing from fraudulent websites can lead to stolen bank/card details.
Stay safe online with these tips to protect your assets.
CYBERSECURITY TIPS to protect against scams
Don't
Click on suspicious links or
pop-up banners.
Click on offers that may
be too good to be true.
Download investment apps
without verifying its credibility.
Log into your bank account before
verifying if the site is secure
('https' indicates that it's safe).
Do
Use strong unique passwords.
Pay attention to a website's
URL to ensure it's authentic.
Call the bank or government if
you're suspicious of someone
claiming to be from the bank
or government.
Seek for a second opinion before
making financial decisions online.
Install and maintain or update
antivirus software on your devices.
Tips for Senior Citizens to Protect their Finances Online
The rise of technology has given bad actors new ways to target unsuspecting individuals
online.
That's why safeguarding your personal information is more important now than ever.
Did you know
Between 2021-2023:
47.6%
of the cases involved telecommunication fraud
5,533
senior citizens have been identified as victims of online scams
RM253.9 Million
in total losses involving telecommunication fraud
Scams to watch out for
The Phishing Scam
Scammers impersonate real companies in emails, texts, or ads, urging you to click a link that can install viruses or steal information.
The EPF Scam
SMS or WhatsApp messages claiming to be from EPF, offering early withdrawal assistance for a fee.
The False
Investment Scam
Scammers will instruct you to download apps for payments towards fake cryptocurrency investments.
The Online
Shopping Scam
Purchasing from fraudulent websites can lead to stolen bank/card details.
Stay safe online with these tips to protect your assets.
CYBERSECURITY TIPS to protect against scams
Don't
Click on suspicious links or pop-up banners.
Click on offers that may be too good to be true.
Download investment apps without verifying its credibility.
Log into your bank account before
verifying if the site is secure
('https' indicates that it's safe).
Do
Use strong unique passwords.
Pay attention to a website's URL to ensure it's authentic.
Call the bank or government if you're suspicious of someone claiming to be from the bank or government.
Seek for a second opinion before making financial decisions online.
Install and maintain or update antivirus software on your devices.
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