Estimate Time10 mins

What you need to know about online scams and theft

Key Takeaways

  • Most cybercriminals attempt to manipulate our emotions to gain access to our financial accounts, phones, or email. Whenever possible, make use of added security layers like multi-factor authentication or third-party authenticators.
  • Be aware that the information you share on social media accounts can be used against you. Scammers may research your social media posts, then send out a personal email or text with an emotional hook.
  • Elder fraud is rampant, so consider acting as a trusted contact—someone who stays in regular communication with an older adult, even having “inquiry access” so you can monitor their accounts for suspicious activity.

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Investing involves risk, including risk of loss.

This information is intended to be educational and is not tailored to the investment needs of any specific investor.

Fidelity does not provide legal or tax advice. The information herein is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation.

Views expressed are as of the date indicated, based on the information available at that time, and may change based on market or other conditions. Unless otherwise noted, the opinions provided are those of the speaker or author and not necessarily those of Fidelity Investments or its affiliates. Fidelity does not assume any duty to update any of the information.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

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