Archive for the ‘Technology’ Category

Who’s Been Snooping on Your Trading Computer? Find Out!

If you own a computer customized for trading, you own a device designed with security and reliability in mind. You already know about the importance of anti-malware apps to keep your information safeguarded. But you might not have thought about protecting your device from offline attacks.

Even if you have passwords on all your devices, you should regularly check your trading computer or laptop for intruders. Cyber-criminals are not the only threat.

If you trade from an office outside your home, or if you trade from a laptop while traveling, there might be people snooping around for valuable information. Even at home, you might want to check for snooping guests.

Here are three ways you can check if someone has logged into the laptops and computers you use for your trading business:


3 Ways to Send Text Messages From Your Trading Computer

Mobile phones and tablets are great. However, if you’re like most traders, entering text can be considerably more challenging than typing at your trading computer.

Particularly, when you are writing a text message on your phone or tablet, it’s easy to make mistakes. And auto-correct can sometimes backfire.

Your friends and family members might not mind a few typos. But your professional reputation can be on the line if you continually send text messages full of errors.

You’ll be delighted to know you can actually send text messages using your trading laptop or computer. And it’s not complicated!


Trader Beware: Are You an Easy Target for Ransomware?

Traders today totally rely on the software and data on their trading computers. Would you be able to operate your trading business if you were suddenly locked out of your trading laptop or desktop? For most traders, the answer is “No”.

Scammers and hackers are aware of these vulnerabilities. They know the information traders store on their personal and trading computers has immense operational value. So fraudsters are continuously inventing new ways to take your data hostage.

In general, malware that blocks access to your data is referred to as ransomware. Ransomware locks access to your files by encrypting them. (more…)

3 Online Scams That Can Take Down Your Trading Business

Nowadays, when trading is your business, you need the best hardware and software to support your daily activity. But you also need some key high-end services, such as a great broker and great research providers, to keep your business running smoothly.

Unfortunately, scammers are eager to target your trading business with fraudulent services or empty promises of delivery. The unwary can easily fall victim to their various schemes, putting their trading businesses at risk.

Here are some online scams that can adversely affect the day-to-day operations of your trading business.


Trader Beware: Phishing, Vishing, and SMishing, Oh My!

More than a third of all online scam attacks involve phishing emails or malicious attachments. As traders, we’re already aware of best practices for protecting our trading and financial data from such attacks.

Popular phishing schemes have an element of urgency, such fake invoices and sales receipts for things you didn’t order, or fake fraud alerts. The basic goal of phishers is to get you to click on a link or open an attachment. From there, they take you to a website that asks for your information, or they download malware to your trading computer.

As we’ve become more savvy about avoiding these scams, new ones have been invented. Continue to protect yourself by becoming aware of the new variations on the basic phishing idea. Here are a few:


Trader Beware: Avoiding Social Security Impersonation Scams

If you are in the trading business, I know you already try your best to keep your business and personal information separate. However, from time to time, you might still need to give out your social security number.

Before you do, just know that social security scams are rampant. The Social Security Administration (SSA) issued a warning recently citing the rise in SSA impersonation schemes.

Trader Beware: Recognize These Social Media Scams

If you’re like most traders, you’re using social media on your trading computer and mobile devices without giving it a second thought. But today’s social media is fraught with scammers trying to get access to your devices.

I’m not suggesting you go cold turkey and stop using social media altogether. But you should be aware of the dangers, so you can avoid being a victim.

Here are some common social media scams that can pose a threat to your trading business.


Trader Beware: Still More Bitcoin Scams to Avoid

When you’re online hours a day, especially when you’re dealing with financial trades every day, it’s super important to stay vigilant about scams. A key part of being vigilant is staying up-to-date on the latest cons. Right now, a lot of those new cons have developed around the cryptocurrency market.

In a previous article, we discussed how to guard against fake exchanges, wallets, and Initial Coin Offerings (ICOs). In this article, we dive deeper into other techniques of cryptocurrency scammers.


When you’re trading in bitcoin or cryptocurrencies, sooner or later you’re going to come across phishing scams. In most cases, you’ll receive an email that will look like it is from your cryptocurrency exchange or wallet provider.

The phishing email will ask for information to verify your identity. After you supply your account information, the scammers have what they need to go into your actual exchange or wallet to steal funds. (more…)

Trader Beware: Can You Spot These Common Bitcoin Scams?

In a previous article, we talked about avoiding tech support scams. If you own a computer, you’re liable to be a target of those scammers. But that’s just the tip of the proverbial online scam iceberg. Today, we’ll look at a new type of scam, targeting traders looking to cash in on the new bitcoin […]

Traders: Don’t Become a Victim of a Tech Support Scam

Most of my customers are great at trading, but not so great at knowing what to do when their trading computer has a hardware or software problem. Unfortunately, there are lots of scammers out there looking for just this type of person. They know how much you, as a trader, depend on your computer. And […]