Common types of scams and fraud, and means of protection

What you can do at this level

• Kage:16-18

  Understands how pyramid/Ponzi schemes work and the implications of investing in them

• Kage:16-18sustainable

  Aware of the concept of greenwashing and its implications

What you can do at this level

• Sage:6-10digital

  Explains why simple security features such as passwords, face ID, fingerprint and PIN codes are important (i.e to protect oneself and avoid being victim of online fraud/scam)

• Sage:11-15digital

  Can identify common financial scams and frauds (such as shoulder surfing, spyware, phishing, pharming, etc.) and the means to safeguard against these

• Sage:11-15

  Can identify warning signs (“red flags”) of fraud (such as offers “too good to be true”, "risk-free" investment opportunities, pressure to buy right now, etc.)

What you can do at this level

• Aage:11-15digital

  Confident to apply basic safety procedures online (for e.g. keep personal data and passwords safe, use strong and different passwords, regularly update passwords and refrain to share them, etc.)

• Aage:16-18

  Motivated to get information about financial scams and fraud

• Aage:16-18

  Confident to take the necessary steps (block bank card, contact the financial service provider and/or relevant authorities etc.) when one suspects being the target of financial fraud or scams, including suspicious requests for information or action