![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/im-a-tech-expert/&media=https://uknews.evprotec.com/wp-content/uploads/2023/07/0_hand-holding-smartphone-deviceSocial-Media-on-mobile-phone.jpg&description=Dr Klaus Schenk, head of product security at the software company Verimatrix, gave some advice on the "warning signs" that should indicate when something is wrong on a cold call A cybersecurity expert has revealed the three phrases which you should watch out for when called by an unknown number. The last year alone has seen a huge increase in fraud, which mainly originates from social media, online marketplaces and dating apps. UK Finance, who represent the banking industry, reported that fraud losses in 2021 (the last figures available) totalled £1.3 billion with £1.4 billion in attempted fraud prevented. One particular concern is a rise in complaints about fraudsters masquerading as legitimate retailers, or the rise of scams on WhatsApp, such as the notorious "hi mum, hi dad" con. Dr Klaus Schenk, head of product security at the software company Verimatrix, has now given some advice on the "warning signs" that should indicate when something is wrong on a cold call. He said the first thing to watch out for is a call from an unknown number, as well as three particular phrases. Dr Klaus told The Sun: "Be wary if the caller asks for immediate payment or requests you to disclose personal information. "Promises of lucrative financial opportunities or gifts, along with emotional manipulation tactics, should also raise suspicion. Thirdly, you should be very cautious when anyone on the phone asks you to "install an app". "Similarly, if the caller insists on installing certain apps or demands a comprehensive set of personal details, it is advisable to exercise caution", Dr Klaus added. His comments come after consumer finance expert Martin Lewis issued a warning over a "disgraceful" deepfake scam advert for an investment app. The broadcaster said people are using technology to "pervert and destroy" his reputation in order to scam people online. The advert, which reportedly circulated on Facebook, appears to show Mr Lewis endorsing an Elon Musk-backed investment scheme throu){kind=link}
Dr Klaus Schenk, head of product security at the software company Verimatrix, gave some advice on the “warning signs” that should indicate when something is wrong on a cold call
A cybersecurity expert has revealed the three phrases which you should watch out for when called by an unknown number.
The last year alone has seen a huge increase in fraud, which mainly originates from social media, online marketplaces and dating apps.
UK Finance, who represent the banking industry, reported that fraud losses in 2021 (the last figures available) totalled £1.3 billion with £1.4 billion in attempted fraud prevented.
One particular concern is a rise in complaints about fraudsters masquerading as legitimate retailers, or the rise of scams on WhatsApp, such as the notorious “hi mum, hi dad” con.