FTC: Americans lost $1.1 billion to impersonation scams in 2023

April 1, 2024 at 12:45PM Impersonation scams in the U.S. saw $1.1 billion in losses last year, a three-fold increase from 2020, says the FTC. Of 490,000 reported scams in 2023, 330,000 were business impersonations. Scams are mostly conducted through phone, email, and text, with blurred lines between business and government impersonation. The FTC highlights … Read more

Israeli-Hamas Conflict Spells Opportunity for Online Scammers

October 24, 2023 at 12:13PM Researchers have found hundreds of cyber scams related to the Israeli-Hamas conflict, including scam emails and fraudulent websites. These scams exploit people’s willingness to help those affected by the war and often use cryptocurrency as a payment method. Attackers use intimidation tactics and appeal to sympathy to manipulate recipients into … Read more

Palestine crypto donation scams emerge amid Israel-Hamas war

October 23, 2023 at 03:12PM Scammers are taking advantage of the Israel-Hamas war to collect fraudulent donations by posing as legitimate charities. These scammers are using social platforms to solicit funds and are posting gory images to evoke sympathy. Fake fundraising emails are also being sent, urging people to contribute and tricking them into losing … Read more