Cyber-Forensics.net
Cyber Forensic Specialist
Cybercriminals have their eyes set on the money transfer apps. Look at the ways below to avoid becoming online scam victims.
— Timothy Benson
SOFIA, BULGARIA, March 1, 2022 /EINPresswire.com/ — Cyber-Forensics.net is issuing urgent warnings as one-click-pay money transfer apps like CashApp, Zelle related scams are showing upticks in numbers of cases. The fraudsters are targeting app users and swindling millions of dollars.
Chief analyst Timothy Benson working at Cyber-Forensics.net, a cyber forensics service for online scam victims, says, “in most cases, scammers want the payment sent through Zelle, Venmo, or CashApp knowing they will receive the money before the victim finds out the order is fake.”
Ideally, consumers need to report the matter within 24 hours to 72 hours of an incident to backtrace their payments. Usually, there is a small-time window that investigators can take advantage of to keep the victims’ money from getting to scammers.
Another challenge is cutting into the time frame to determine if the payment made is fake. Since there are no universal ways to know when a scammer will liquidate the amount, Financial institutions can adopt additional security features to stay safe….
