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WhatsApp Scams That Steal Your Money

11th Aug 2021Breaking News, TechnologyDerrick Markotter
1pratikyadav, CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0, via Wikimedia Commons

Kaspersky Lab’s Securelist has released its Spam and Phishing Report for the second quarter of 2021 and revealed several WhatsApp scams circulating on the widely-used mobile messaging platform.

Advance-fee fraud remained a popular technique to trick people into transferring money to scammers on the promise that they would receive a larger sum in return.

“Victims were asked, for example, to take a short survey about WhatsApp and to send messages to several contacts in order to receive a prize,” Securelist stated.

Another variant of the scam tries to persuade you that you have won a large sum of money.

“Both scenarios end the same way: the scammers promise a large payout, but only after receiving a small commission.”

Securelist also noted several credential-stealing techniques being used on WhatsApp.

Read the full article on the MyBroadband website: Beware these WhatsApp scams that steal your money

Author: Derrick Markotter

RCCI Webmaster Derrick runs a boutique web marketing agency, IdealMedia Marketing.

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