1. Malware on Your Systems

Malware is software designed to disrupt, damage, or gain unauthorized access to a computer system. There were 30 million new malware samples detected in 2023 (AV-Test).

Malware can let someone access files on your computer or reroute you from a legitimate website to a fake website. Common delivery methods include fraudulent links in email or from web search results.

What you can do

• Install antivirus software on your computer or mobile device.
• Scan for and remove malware.
• Check your computer or device for unfamiliar programs or applications.
• Update your operating-system software.
• Change your passwords once you’re confident your system/device is clean.
• Avoid using public Wi-Fi. Unsecured public Wi-Fi may allow an attacker to intercept your device’s network traffic and gain access to your personal information.
• Take appropriate precautions when using email and web browsers to reduce the risk of an infection.
• Be wary of unsolicited email attachments and use caution when clicking on email links, even if they seem to come from people you know.

2. Internet of Things (IOT) Infections

The internet is interwoven into more devices every day. Those connections can also create doorways to harvest your data.

What you can do

• Change your device’s default password.
• Use a unique, strong password for each device (no repeats!).

3. Social Media Hacks

Social media is great at connecting us to family, friends, and cute cat videos. But it’s also ripe for account hacking.

At least 20% of social media infections stem from add-ons or plugins for social media platforms. ( Bromium Into The Web of Profit–Social media platforms and the cybercrime economy).

Social media phishing is on the rise—accounting for 8% of attacks. ( ENISA Threat Landscape Report–Phishing).

What you can do

• Log out of your social media accounts after each visit (especially on your phone).
• Keep social accounts unlinked to contain any hack.
• Report issues immediately to the provider.
• Use unique, strong passwords for each of your accounts.
• Be smart about what you share: no posting vacation photos while you’re away from home.
• Take advantage of a site’s privacy settings. You can edit your settings to restrict access to only certain people.

Ninety-seven percent of Americans own a cellphone, Pew Research Center reported in April 7, 2021. And they spend an average screen time of 5.4 hours on their mobile phones daily, according to ZD Net.

In addition, businesses now use digital to provide a great client experience efficiently. As Accenture reported in its study on the state of cybersecurity resilience in 2023, 48% of businesses apply strong cybersecurity operational practices.

4. Mobile Payment Perils

If you send money to a friend or vendor via a mobile app, you’re part of the growing mobile-payment trend. McKinsey reported in its Global payments 2021 study that digital wallets usage surged during the pandemic. According to statista, in 2021, more than four out of 10 U.S. smartphone users had used a contactless payment at least once.

Also, according to the RSA’s 2019 Current State of Cybercrime whitepaper, about 70% of fraudulent transactions originated from mobile platforms, with popular mobile attack vectors including malware, data tampering, and data loss.

Payment scam complaints rose along with use. The Better Business Bureau noted in 2021 research that sweepstakes and lottery scams resulted in higher financial losses during the COVID-19 pandemic compared to the previous three years, particularly for older people.

What you can do

• Use a credit card instead of P2P to limit your liability.
• Don’t transfer funds to someone you don’t know.
• Proofread the information you enter into a P2P system before you hit send; you won’t get your money back if you transmit it to the wrong person.
• Put a PIN on it by adding a personal identification number.

5. Health Care Attacks

In 2020, there were 642 health care data breaches of 500 or more records, according to HIPAA Journal. That’s a 25% increase from 2019.

Fraudsters prize health records, which commonly include a treasure trove of personal data: Social Security Numbers, addresses, ages, and payment information such as insurance and credit-card numbers.

The number of healthcare breaches in the first five months of 2022 almost doubled when compared to the same period in 2021 according to the U.S. government. (Tech Target).

What you can do

• Don’t give your Social Security Number to anyone—even your health care provider—unless required; instead, offer your student ID or other piece of identification.
• Keep track of your insurance card; it’s as valuable as your credit card.
• Monitor health care statements carefully: Health Savings Accounts (HSAs), insurance claims, insurance coverage change notices.