Experts warn about scammers using payment apps to try and steal your money

The video tutorial discusses the increasing threat of online scams, particularly through cash sharing apps like Venmo and PayPal. It highlights how scammers use stolen credentials and impersonation tactics to access users' funds. The Federal Trade Commission and other authorities recommend using two-step authentication and being cautious of unsolicited messages. The video also provides statistics on the rise of online fraud and offers practical advice on protecting personal information and recognizing scams.

What is one method scammers use to access your cash sharing app accounts?

• Sending you a legitimate email from the app

• Offering you a discount on app services

• Using technology to guess your passwords

• Asking you to download a new version of the app

How much has the money lost to online fraud increased since 2019?

• Remained the same

• Quadrupled

• Tripled

• Doubled

What is one of the fastest growing scams according to the FBI?

• Lottery scams

• Fake charity requests

• Tech support impersonation

• Phishing emails

What is a recommended way to protect your accounts from unauthorized access?

• Ignoring security alerts

• Setting up two-step authentication

• Sharing your password with trusted friends

• Using a single-step authentication

Why should you check your junk mail regularly?

• To organize your inbox

• To find promotional offers

• To ensure important notifications aren't missed

• To delete spam emails