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Nowadays, encountering an email scam is incredibly common. Unfortunately, as technology improves, so do the ways in which scammers target their victims.

In fact, email scams are incredibly sneaky and account for consumer losses worldwide. This is to the tune of $172 billion in 2017 alone.

Actually, this affected close to 978 million consumers. They are digital. Thus, even individuals and companies staying on top of their document shredding are targeted.

In reality, it’s important to understand email scams. Also, knowing how to spot them reduces your risk for a security breach. Here are three common email scams to look out for:

Emails Asking You to Update Your Billing Information

There is a classic phishing scam. It’s when someone receives an email asking for confidential payment information.

Usually, they utilize a popular organization’s name like Netflix or Apple. Then, recipients are asked to reply to the email with their billing information.

In doing so, they promise the “problem” can be fixed. In truth, a real organization or institution never requests confidential information via email.

Therefore, if you receive an email requesting such information, do not reply. This is a scam.

Emails Insinuating That You Received a Gift Card

E-gift cards are popular. Also, they’re convenient and do not require wrapping or shipping charges.

Unfortunately, scammers use the popularity of e-gift cards to their advantage. Maybe, you receive an email stating that you have received a gift card. If so, do not click on the link.

First, verify the sender is someone that you know. Then, hold your mouse over the gift card link (without clicking on it). This checks the website’s address.

Is the address a reputable company’s website address? If not, delete the email. This is because the link will redirect you to a website that steals data.

Emails That Reward You

Usually, these come from an incredibly wealthy person located in another country like Nigeria. Often, these emails are filled with tales of trapped money.

Frequently, the sender requests your assistance in helping this person free their funds. Mostly, they offer an exchange for a large monetary reward.

Then, the scammer asks the recipient for personal banking information. Often, the emails are loaded with typos. 

Again, verify if confidential information is requested over email. If it is likely a scam, ignore and delete the email.

Do you utilize document destruction services? Perhaps, you partner with the mobile document shredding company by Florida document shredding company, Shred Quick.

Even then, you’re at risk for phishing scams. Thus, it’s critical that you are aware of what kinds of email scams are out there.

Hence, the consequences associated with succumbing to an email scam are avoided.