Agency for Regulation and Development of the Financial Market warns that during summer holidays, children face an increased risk of becoming victims of fraudsters.

Fraudsters use children's free time and increased activity in the digital environment to deceive, offering fake mobile games, goods and services, promising easy money or gifts.

During this period, children are most likely to become the target of fraudulent actions intended to gain an access to their parents' financial information and funds. Lack of knowledge and credulity make them vulnerable to various types of digital deception.

Particularly dangerous are such schemes as fake winnings with a request to enter card details, false requests for help from "friends" or "relatives", malicious applications and suspicious links. In many cases, the child himself does not realize that he is dealing with fraudsters.

Particular attention should be paid to cases where children are offered to download an application or game supposedly at a discount or without advertising - such files may contain malicious code. If smartphone is linked to a bank account of parent, fraudsters gain an access to confidential information and can steal funds.

Schemes for collection of geodata through "smart" applications are also common. In this way, attackers find out where the family lives, where the parent works, where the child studies and what he or she is interested in. This creates risks not only of financial losses but also of threats to safety of the entire family.

The Agency recommends that parents regularly conduct explanatory talks with their children about risks on the Internet, limit the time the child spends online, install antivirus programs, use parental control settings, and teach children basics of digital and financial literacy. It is important to explain that the child can turn to their parents for help in any situation.

More useful materials are available on Fingramota.kz website.

External Communications Directorate

press@finreg.kz

Source : https://www.gov.kz/memleket/entities/ardfm/press/news/details/1040637?lang=kk