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Trump tariffs create the ‘perfect storm' for scams, cybersecurity expert says — 3 red flags to watch out for

[C온라인카지노사이트] Trump tariffs create the ‘perfect storm’ for scams, cybersecurity expert says — 3 red flags to watch out for
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  • The constant changes to tariff policies along with economic strain can create the "perfect storm for cybercriminals," said Theresa Payton, CEO of Fortalice Solutions.
  • Legitimate fees on imported goods can make it even harder for consumers to spot scams.

might be setting the stage for cybercriminals to scam consumers, experts say.

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Fraud attempts may appear in the form of a "tariff payment request" text or email claiming to be from a retailer, delivery company or a government agency.

The swiftly changing and unfamiliar landscape of tariff policies, along with economic strain, can create the "perfect storm for cybercriminals," said Theresa Payton, CEO of Fortalice Solutions.

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That's because people are expecting to pay more, but may not fully understand how tariffs work. Some shoppers might not question a tariff-related payment request after a purchase, especially as some to pass tariff costs on to consumers.

'People don't know a lot about tariffs'

Tariffs are taxes on goods imported from other countries, paid by the entity importing those goods. Businesses in turn often pass the cost of tariffs along to consumers in the form of higher prices.

In April, U.S. President Donald Trump of varying rates affecting more than 180 countries and territories. Last week, the U.S. and China to temporarily suspend most tariffs on each other's goods. The U.S. also recently a trade agreement with the United Kingdom. 

Despite the recent trade agreements and deals, consumers still face an overall average effective tariff rate of 17.8%, the , according to a recent by the Yale Budget Lab. 

James Lee, president of the Identity Theft Resource Center, said it's not unusual for scammers to take a government action — whether that's a new program or policy — and use it for the basis of a scam.

Scammers "will use the fact that people don't know a lot about tariffs," Lee said.

The PreCrime Labs team at BforeAI, a cybersecurity company, about 300 domain registrations from cybercriminals related to tariffs in the first few months of the year. Some spread misinformation while others are financial scams aimed at businesses and consumers.

One site the company found was a newly registered phishing domain positioned to lead consumers to believe they are required to make payments to a legitimate governmental entity.

"Such payment requests are likely to be spread using email or messaging campaigns with a theme of urgent, pending payments, directing victims to the fraudulent site where their actions will result in financial losses," researchers noted.

Some package payment requests are real

There are some cases where consumers might legitimately pay for products purchased from another country, namely, customs duties. Sometimes the U.S. Customs and Border Protection will in order to release an imported good. 

"That's not common, but it's also not unusual," said Lee. "It really does depend on what it is, where it's coming from."

Some consumers have also recently reported receiving from carrier companies after a purchase in order to receive their shipments, the Washington Post reports.

Some carriers are acting as the importer of record, meaning they are responsible for any duties, taxes and fees that are applied to the delivery, said Bernie Hart, vice president of customs of Flexport, a logistics firm.

If the carrier did not collect those additional fees for the product up front, the carrier will charge the end consumer those additional costs through a follow-up bill, he said.

This tactic might not last, because it creates a lot of inconvenience for both companies and shoppers, Hart said: "It's not good for anybody in this process to give somebody a surprise bill."

Tariff scam red flags

It's easy for anyone to fall victim to a fraud scheme, said Ruth Susswein, director of consumer protection at Consumer Action. 

If tariff policies continue to be in flux for longer, criminals will have more time to craft sophisticated attacks on consumers, said the ITRC's Lee. 

Your top priority is to avoid sharing personal information like Social Security numbers, bank details or account login credentials, especially under the guise of "tariff processing," said Payton.

Here are three red flags to watch out for, according to scam experts:

1. Unsolicited and urgent messages

Emails, texts, or social media ads promising "tariff relief," "vouchers," "exemptions," or urgent offers like "pay now to avoid tariffs" are likely scams, Payton said. 

Not only are legitimate retailers unlikely to encourage tariff evasion tactics, but also the urgency is meant to pressure consumers into accepting, she said.

Also question unsolicited phone calls, emails or text messages about a package held up in the post office because of an unpaid fee, said Lee.

If you receive a request to pay import fees or duties on a purchase, look for the , which is an official government document detailing the import, said Hart.

2. Suspicious site links, emails

Scammers will create fake websites, emails and phone numbers to mimic retailers or government agencies, Payton said. If you receive a message, check for misspellings and URLs or email addresses that don't match that of the supposed company or entity — say, a message from a "U.S. government official" that does not come from a dot-gov email.

You can use tools like WHOIS, a database that stores information about registered domain names and IP addresses, to authenticate the website and confirm registration details, she said.

3. Lack of transparency

Reputable merchants would clearly label tariff-related fees at checkout and provide contact information for inquiries, Payton said. Otherwise, the "lack of transparency is a red flag."

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