According to a report from the Federal Trade Commission (FTC), millennials are particularly more vulnerable to online scams than seniors, as shocking as it may seem. The research finds that “40 percent of adults age 20-29 who have reported fraud ended up losing money in a fraud case”. ...
The best solution for preventing fraud is to combine fraud detection software tools with dedicated fraud prevention services. Where do you start, though?
Steer clear of those fake sites – they will only result in you being swindled. As soon as you arrive on such pages, your account is at risk of theft from a fraudster. Don’t take any chances – always use the official Roblox website to access and manage your account for maximum secu...
Here's your full overview of click fraud in 2024. Understand how to identify click fraud and learn ten crucial tips to safeguard yourself and your business.
Internet Fraud: Federal Trade Commission figures claim that cyber frauds stole $122 million in 2002, NASAA said. The Internet has made it simple for a con artist to reach millions of potential victims at minimal cost, and many of the cyber schemes are only online versions of age-old, ...
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The importance of cybersecurity can be understood through the research performed by Mimecast. It says that there is a 26% rise in the ransomware, 88% of companies saw email-based spoofing, and 67% of the organizations have reported that there is an increase in impersonation fraud. ...
6. Social Security Scams Social Security scams are similar to IRS frauds. Here too, the fraudster impersonating as officer of the Social Security Administration calls unsuspecting senior citizens. These criminals usually ask the elderly to ‘update’ their Social Security details such as account numbe...
Fake Friend Scams –Scammers may contact victims pretending to be a friend or an acquaintance. –The scammer will then claim to be in urgent need of funds, seeking financial assistance from the victims. ✅ Watch out for unsolicited calls or online friend requests from strangers. ...
Investment scams Older adults with pension funds, savings, etc., fall prey to investment scams more often. Scammers use several tactics like Affinity Fraud, High Yield Programs, Recovery Room Schemes, etc., to rob the elderly of their savings. ...