Financial Literacy 20, 30
Course Configurations
Explore the financial risks associated with frauds, phishing and scams.
Indicators for this outcome
| (a) | Define frauds, phishing and scams. |
| (b) | Discuss examples of frauds, phishing and scams that pose financial risks. |
| (c) | Research the financial and other (e.g., emotional) impact of frauds, phishing and scams on individuals and society. |
| (d) | Examine the steps that should be followed if personal information has been compromised. |
| (e) | Describe ways to protect oneself from frauds, phishing and scams such as an unsolicited vacation offer, unsolicited offer for computer repair services, or unsolicited request to confirm login details to a secure website. |
| (f) | Investigate actions that should be taken when one becomes a victim of frauds, phishing or scams, including the process for reporting to authorities. |
| (g) | Critique financial institutions’ or companies’ sales tactics and claims that appear to be misleading. |
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