The Rise of Digital Financial Abuse: Protecting Yourself from New Tactics

June 8, 2025 - 00:41

Financial abusers are increasingly leveraging technology to exert control over their victims, employing tools such as spyware, online banking access, and various digital platforms. This disturbing trend highlights the need for awareness and vigilance in an age where technology can be both a lifeline and a weapon.

Many abusers are using spyware to monitor their victims' online activities, gaining unauthorized access to sensitive information and financial accounts. By doing so, they can manipulate funds, track spending habits, and even restrict access to money, leaving victims in precarious situations. Online banking features, while designed for convenience, can also be misused by abusers to monitor transactions and impose financial restrictions.

To safeguard against these evolving tactics, it is crucial to adopt proactive measures. Regularly updating passwords, enabling two-factor authentication, and being cautious about sharing personal information online can help protect against potential threats. Additionally, seeking support from trusted friends or professionals can provide victims with the resources and guidance they need to escape abusive situations. Awareness and education are key in combating this insidious form of abuse.