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In the wake of all the cyberattacks, data breaches and technology related identity thefts, fraudsters are continuing to come up with new ways to scam us. The latest? Phone scams. Here are three examples:

  1. The "can you hear me" scam. The sole purpose of this scam is to get you on the phone and to say the word "yes". Criminals then record the conversation and use your voice to authorize fraudulent charges. They may ask something as simple as "can you hear me"? You answer "yes" and that's all it really takes.  
  2. Information verification scam, where unfamiliar phone numbers call from various area codes asking you to verify personal information (email address, name, title, etc.) with the aim of targeting you at a later date. 
  3. Computer virus repair scam, which is probably the most common of the three. The scammer claims to be calling from a large computer or software company and alerts you that your computer is vulnerable and needs to be fixed immediately with the end goal of installing malicious programs onto your computer. 

The best way to prevent yourself from becoming a victim of one of these scams is to allow unknown numbers or numbers that you don't recognize to go to your voicemail. If someone needs to get in touch with you, they will leave a message or contact you in some other way. If the call turns out to be legitimate, you can always call them right back. But never give out any information about you or others, unless you are certain about whom you are talking to. 

UHY Advisors can help assess your risk and develop the training and awareness program you need to avoid falling victim to these scams.