Responsibility
Who is responsible for monitoring your account? or reporting if you lose or misplace your debit card?
You are.
Who falls for scams more often?
Younger Individuals/teens/young adults
What is a social media influencer scam?
When someone reaches out regarding making posts about your product but you have to pay fees / deposit a check.
What is fraud?
Wrongful or criminal deception intended to result in financial or personal gain.
What is the average number of hours teenagers spend online?
Nine Hours
You allow someone (your friend, significant other, family, etc.) to have access to your online/mobile banking. The individual goes on a spending spree and puts your account into the negative. Who is responsible for the activity? Why or Why not?
You are because you let an unauthorized user (someone not listed on the account) have access to your account.
No - these apps are scams and do not offer real cash prizes. You may be prompted to provide sensitive account numbers or online banking logins. This will lead to a compromise on your account. If it says free or easy money - it is too good to be true.
What is the scam where someone is threatening you with inappropriate photos of you (real or not)?
Sextortion.
All charities and GoFundMe campaigns are legitimate? True or False? Why or why not?
False, charity/disaster fraud is huge after major disasters or incidents. We saw an increase in disaster fraud after Hurricane Helene. Always do your research.
Should you use Free Wi-Fi hotspots - such as Starbucks or McDonalds? Why or why not?
No because unsecured networks allow others to see into your device and gather sensitive information. People may also create fake hotspots that resemble legitimate business - these are used to gather all your sensitive data to later use with malicious intent.
You receive checks in the mail - you deposit those checks and withdraw the funds. The checks are later returned as altered/fictious. Who is responsible for the negative balance in the account? What is this crime called?
You are and check fraud.
What are one of the four signs that you are being scammed?
1. Scammers are pretending to be from an organization you know.
2. Scammers say there is a problem or a prize.
3. Scammers PRESSURE you to act quickly/immediately.
4. Scammers tell you to PAY in a specific way. (Cashapp, Venmo, Apple Cash, Paypal, etc.)
You see a post regarding this wonderful investment opportunity that will double your money - you send them $50 and they return $100. They ask you to send $1000 - should you? Why or Why not?
No - Investment scams are common among young teens and they may even send you money to make it believable. You send them a large amount of money, they will end up keeping it and not return it.
You apply for a job on linked in and accept the role. They send you a check for supplies - is this a fraud attempt? Why or Why not?
Yes - because the check is fraudulent and will return. They may even request you return the remainder of the funds.
Should you leave your social media permissions to public or with no security controls? Why or why not?
No because scammers can utilize the information you post against you.
You use your parents/guardians credit card/debit card without asking and spend money online for gaming or makeup. Who is responsible for the activity?
Your parent/guardian will be held responsible.
You receive a message from someone that will pay you money to use your account to send money to another person. The amount might exceed their limit or another reason. Are you doing anything wrong/illegal? Why or Why not?
Yes - they are attempting to use your account for money laundering which makes you complicit in a crime.
What are some of the key factors of a fake social media scam?
Low follower count, no profile photos or all photos are stock images, sending suspicious links, no mutual friends/followers, low interactions/likes (comments unrelated to the post), all posts are related to making money, bot comments, etc.
You receive a deposit from an individual and they ask you to withdrawal the funds and place them in a crypto ATM - you receive money for conducting this transaction. Did you do anything wrong or illegal?
Yes - you assisted (even unknowingly) in the process of laundering money or movement of illegitimate funds.
I use the same password for everything - its not a big deal, I haven't been compromised yet. Is this a good or bad mentality? Why or Why not?
Bad Mentality. For instance, anybody impacted by a data breach (Ticketmaster, etc.) they can now attempt to use that password for all accounts associated with you. Accounts are easy to locate if they have your email. Use complex phrases and characters to increase your password security.
You receive deposits into your account that you were not anticipating or are not yours. You spent those funds and the funds were later removed from your account. Who is responsible for the negative balance in your account?
You are.
You receive a text message for fraudulent charge attempting to be conducted on your debit card. There is a YES or NO option for the charge, you reply with a NO. You receive a call directly after from someone claiming to be your financial institution - asking for your verifying information - is this a scam? Why or Why Not?
Yes - they are phishing for information to compromise your identity/account.
You receive a message that someone is going to leak inappropriate photos of you or leak that you are involved with illegal activity. They request that you go to your local Walmart/Target/grocery store and buy gift cards for payment, is this a scam? Why or Why not?
Yes - this is a scam because they are attempting to blackmail you into sending them money on gift cards.
You spend a bunch of money on your debit card with the intention that you can dispute the transaction with your Financial Institution. Is this wrong? Why or why not?
Yes - this is a type of dispute fraud and can sometimes end in your account being restricted/closed or you owing the financial institution the funds back (if you received provisional credit).
You share information online with someone you met through gaming, social media, or other means. You only shared your hair color, state you live in, and first name. Is this good practice? Why or why not?
No, scammers exist on every platform and online is no exception. Scammers or others may use the information you shared to find you. Do not use or share your real name, characteristics, or other information with individuals you met online - even if you have been friends for years.