Recognize and prevent phishing.
What is Phishing?
Phishing is any contact designed to persuade you to hand over valuable personal details, your money, or to download something that infects your computer. Fraudsters fish for potential victims by sending emails, social media messages, text messages or making phone calls with urgent messages, in the hope of persuading someone to give the information they need to access your digital or physical possessions.
How to prevent phishing?
- Do not assume anyone who contacts you is the person who they claim to be.
- Never give up sensitive information. LiteBit will never ask for your password.
- If in doubt, check if the given information is genuine by asking the company itself, in this case LiteBit. Never call numbers or follow links provided in suspicious emails; find the official website or customer support number using a separate browser and search engine.
- Always enable two step authentication (2FA) when available to better protect your account.
What kind of media is used for phishing?
- The fraudsters link to websites which look like the original website most of the times, to make it more difficult to see if it is not the original company. They want you to change “your password”, but the fraudsters want to know what you fill in at “current password” so they can use your information to log in.
- Social media like Facebook, Twitter and other social media are used with similar usernames and profile pictures to official accounts to trick you into thinking you’re dealing with someone you can trust.
- Some fraudsters will call your landline or mobile pretending to be the company you do business with. Companies never call to ask for private information.