Tips from Think Markets: Stay Protected From Phishing This Holiday Season

Think Markets, the world's leading multi-asset trading platform, recently warned its clients to be care of phishing scams during the Christmas season.

Phishing scams are particularly busy during this holiday season and are designed to steal people's personal and financial information, the broker said. The perpetrators of these scams pose as trusted entities via email, text message or phone call and trick people into giving sensitive information such as passwords, bank account or credit card numbers.

Think Markets gives two effective strategies to deal with this - remain sceptical and verify the source. Requests for personal information should always be treated with caution, and even genuine companies do not ask for sensitive data via email or phone.

Traders also warn people about verifying the authenticity of messages through official channels. For example, Think Markets' One-Time Code (OTC) system helps traders verify whether they are talking to a representative of a legitimate company.

In addition, Think Markets gives some tips to strengthen cybersecurity.

• Enable Two-Factor Authentication
• Regular password changes
• Be wary of links and attachments
• Educate yourself and others

"During the holiday season, staying informed and taking proactive steps can make a big difference in your online safety. By adopting these practices, you can enjoy the festive period without the worry of falling prey to phishing scams. "