Love is in the air and cybercriminals can smell it, too.
As the world celebrates another Valentine’s Day, Kaspersky explores the risks wrapped in finding relationships online, the possible toll it can incur monetarily, and how users can keep their hearts and finances safe from romance scammers on the Internet.
A Kaspersky research, titled “Mapping a secure path for the future of digital payments in APAC,” revealed that almost one in two (45 percent) in Southeast Asia (SEA) lost money because of love scams online. Most of the incidents here only cost less than 100 USD (22 percent). However, it is worth noting that the victim’s age and the possible cost of a romance scam seem to be overlapping.
With losses amounting to less than 100 USD, the two oldest generations (Baby Boomer and Silent Generation) logged the highest percentage, both at 33 percent. The most senior age group, on the other hand, lost the most with nearly two in five of them admitting to losing 5,000-10,000 USD from love scams online. Lastly, a small portion (8 percent) of Gen Z said cybercriminals have incurred more than 10,000 USD from romance-related threats.
“When we were younger, we tend to be more curious and a bit more reckless. When we become older, we have a lot of time in our hands and, usually, retirement funds in our bank accounts,” says Chris Connell, managing director for Asia Pacific at Kaspersky. “Cybercriminals know these realities as well as our human tendencies to be lonely and crave for a company when forced to be alone inside our houses.”
Connell adds, “Because nothing is more painful than having a fake lover and an empty wallet, we urge everyone from all ages to remain vigilant and be better in discerning the authenticity of the relationships we are building online and offline.”
Regardless of platform or app, warning signs of online dating scams include:
- Demonstration of strong emotions in a very short time.
- A quick move from dating sites or apps into private channels.
- The scammer asks you a lot of questions about yourself. This is because the more they know about you, the easier you will be to manipulate.
- No video calls or face-to-face meeting. People who are scammed generally report that the other person made constant excuses to avoid going on camera. The obvious reason is that they don’t look like the person in their profile picture. They also want to avoid being identified to prevent being tracked down afterward.
How to avoid online dating scams
Avoiding romance scams means carefully scrutinizing any online relationship that develops too fast. Here are some more ways to keep your heart and wallet safe:
- When using social-media sites, don’t accept friend requests from people you don’t know.
- Avoid revealing too much personal information in a dating profile or to someone you’ve chatted with only online.
- Take things slowly. Ask your potential partner questions and watch out for inconsistencies that might reveal an impostor.
- To view the full report, visit https://kas.pr/b6w8.