Be safe out there
The following text is not intended to be financial advice and only serves to notify you of a few of the many ways that you can protect yourself from online fraud. They are listed in no particular order.
- Don’t share personal identity information
Avoid entering or viewing any personal information when logging into a public computer - the device may contain software that captures your personal information and passwords. If you're using a public wifi connection, it would be best to only interact with sites whose URL begins with https or have a lock symbol to the left of the address on the URL bar.
Do not send your SSN, PIN, or any other sensitive information to anyone that you do not know and trust.
- Exercise caution when buying or selling stuff online
Never send anyone photos of your full card number or give anyone that you do not trust your card or any other banking details, and once again, make sure to only do so on sites that have the lock symbol next to their address on the URL bar
Regarding cryptocurrency transactions, it's important to never give anyone that you do not fully trust access to your wallet's private key.
- Brush up on common scams and warning signs
Unfortunately, scammers and other individuals who don't have your best interests at heart are always evolving their tactics, and you should stay informed and keep updated. For a list of the most common tactics commonly plaguing the crypto industry, click here.
- Change your passwords and PINs regularly, and do not store any of your passwords in your browser.
Most browsers typically do not use strong encryption for the passwords that they store - a potential fraudster could potentially use recovery tools to easily find these passwords, and this feature makes it easy for hackers to access other accounts of yours.
According to Thytoctic, 80% of all cybersecurity attacks involve a stolen password, so changing your password regularly reduces your risk of exposure.
- Order your credit reports and watch out for unusual transactions
Get familiar with your bank or credit card statement and track your transactions. Be on the lookout for any transactions that you do not recognize, and if there are any, notify the merchant and then your bank.
- Beware of Phishing Scams
Be cautious of calls or emails that request sensitive information. Never give out any personal information unless you know and have confirmed that the request is from a trusted and verified source.
Note that Coinmama will never ask you for any passwords
- Put a Password on Your Phone
This may seem obvious, but it goes without saying that putting a password on your phone is another crucial step that just might be the one that saves your personal information from getting into the wrong hands. It may seem pointless, but we assure you that it isn't ;)
- Do not store your banking details online
This feature essentially saves all of the information that you enter in any field and should be disabled as another step towards making sure that your card details and other sensitive personal information are secure.
Here's how you can disable this feature in Google Chrome and make sure that no new personal information is synced to or stored on their server.
For good measure, here's how you can clear your browser data as well: https://support.google.com/chrome/answer/2392709?hl=en&co=GENIE.Platform=Desktop
- Enable Two Factor Authentication (2FA) for all of your online transactions
See our article about 3DS Authentication.