Investment Fraud: How to Stay Vigilant Against New Online Scams
As part of European Cybersecurity Month, we spoke with Ercan Kocak, our CISO at Econocom PSF SA, to better understand the risks of investment fraud and the right precautions to take
1. Investment fraud is on the rise. What techniques do cybercriminals use today?
Scammers are becoming increasingly creative.
They often operate through “boiler rooms”, fake investment sites, or even clones of existing companies — sometimes very convincing. These platforms promise quick returns and use pressure, urgency, or fear of missing out to push victims into acting without thinking. Even experienced professionals can fall prey.
2. Many victims believe they are investing on legitimate platforms. What warning signs should you watch for?
The first red flag is the lure of easy profit. If an offer seems too good to be true, it probably is. Beware of promises of high guaranteed returns, persistent messages, or requests for rapid transfers.
Fraudsters exploit urgency and stress to lower your vigilance.
3. Best practices for safe online investing?
Always verify the legitimacy of the website: type the address yourself in the browser instead of clicking on links received by email or message.
Never share personal or banking information with unknown contacts.
Prefer investment platforms approved by official financial authorities.
4. Key message for Cybersecurity Month
Never act in haste.
Take time to seek an external opinion from someone you trust who has no emotional stake. A neutral perspective often helps detect manipulation before it’s too late.
Investment fraud is increasingly sophisticated, but vigilance, common sense, and caution remain your best shields.
At Econocom PSF SA, we are committed to raising awareness, training, and protecting our clients against digital threats.
Do you want to operate in an environment where innovation, security, and trust go hand in hand? Join us! Our experts are here to answer your questions.
