With the slip of your fingers, one typo might lead you to be caught in the middle of a scam. Fraudsters are betting on the fact that you will make typos when searching for popular websites. To take advantage of these simple mistakes, scammers will buy domains with similar, but misspelled URLs.
For example, instead of www.netflix.com a scammer could own www.netflixx.com. Therefore, if you accidentally type in the wrong URL it might take you to a page that looks very similar to the official Netflix website. If you do not realize your mistake and try to login, the scammers could collect the personal details you type into the page. In turn, this information would be used for larger scale identity theft.
Instead of replicating the authentic URL page, scammers might also have their typo domains land on a website with fraudulent ads that entice people to supply information in order to win or buy popular products. Again, the details people type into the page can be used for the scammers own nefarious dealings. Additionally, the scam website might try to infect your computer with a virus or malware.
When searching online always double check you are using the correct URL that leads to a trusted website. Never click on links that look suspicious. If a deal looks too good to be true ... it probably is. Also, if you are worried you have fallen for a scam website, make sure to monitor your financial accounts for suspicious transactions.