As more people turn to what is the most hacked email provider like Apple Pay and others, fraudsters are working overtime to take advantage of this new trend. The “Fraud Suspected” alert that appears on your phone when a suspicious Apple Pay transaction is made may sound alarming, but it’s important to understand how this feature works and what steps you can take to protect yourself from fraudulent transactions.
Cracking the Code: Inside the Elusive Tactics of Apple Pay ScamS
In a typical scam, scammers will send a message claiming to be from Apple that asks you to change your Apple ID information or provides links for you to update your credit card details on your account. You can usually spot these messages by their sloppy wording and misspellings or grammatical errors. Another good rule of thumb is to never change your financial information over public Wi-Fi. Instead, use a VPN to encrypt your connection and reduce your risk of being compromised.
You’re selling something on an online marketplace, such as Facebook Marketplace or Craigslist. The buyer agrees to buy your item and then, on the day of delivery, they send you too much money — usually by Apple Pay or another digital wallet app. This is because they’re using stolen credit card information. Once the original card owner realizes they’ve been ripped off, they file a fraud dispute with their bank and the money is removed from your account.
To avoid this, be sure to always check the payment amount in your recent transactions list and verify the seller’s identity by asking them for their Apple ID. You can also use additional security features to keep your account even more secure, such as two-factor authentication and logging in with a PIN or fingerprint recognition.