In times of economic uncertainty, such as those caused by duties, geopolitical tensions or other market turbulence, risks of fraud are increasing dramatically. Surroundings usually try to take advantage of uncertainty to seduce naive consumers and investors.

According to Kaspersky, price rise and insecurity around the supplies of goods make e -commerce an easy target for scammers. Consumers often fall victim to fake websites and fake emails, offering “discounts before duties”. These offers seem tempting, but often hide dangers, as users may provide their personal data or buy products that they never receive.

Kaspersky: How to protect yourself from fraud in periods

In the meantime, upheavals in the supply chain have been forcing many businesses and consumers to look for alternative suppliers. This rush often bypasses strict control procedures, allowing cyberspace to import fake products or malware.

Indicatively, Kaspersky revealed the existence of a sophisticated triada virus variant, which is installed on Android fake devices, allowing attackers to obtain complete control of the device.

Investment fraud

Economic instability also opens the way for investment fraud. Scammers use false bids and phishing campaigns to steal personal data or cause panic in the market.

A typical case is the recent rumor for the suspension of duties, which caused a temporary market rise before being denied, confirming how quickly misinformation can affect financial markets.

How to protect yourself

To reduce the risk, consumers need to verify the legality of the sellers, use safe payment methods and be cautious with offers, which look too good to be true. Investors, on the other hand, should be based on reliable sources and avoid dangerous bids.

For example, the use of a reliable cyber security solution that detects phishing and blocking suspicious websites is also important for protecting against online scams and malware, especially at these times.

Careful information and use of appropriate security tools can help consumers and investors remain safe, even in periods of uncertainty and market turmoil.