Tag: scams
Americans lost nearly $4 billion to investment scams in 2022
Over the past few years, investment scams have become increasingly sophisticated and widespread, taking advantage of the rise of digital technologies. According to data analyzed by the Atlas VPN team, Americans were scammed out of $3.8 billion through fraudulent investment opportunities. Compared to 2021, the amount of losses has grown by 116%. Many of these scams…
The 12 Scams of Christmas
Every year, scammers take the opportunity to target consumers shopping online around the Christmas period with new and old scams. This leaves people increasingly vulnerable. Together with James Walker, CEO of consumer data action service Rightly, we identify and explore twelve common scams that pop up at Christmas and explain what consumers should look out…
Ofcom plans crackdown on fake number scams
UK phone companies will make it harder for fraudsters to use their networks for fake number scams, under a range of measures proposed by Ofcom today. Almost 45 million people were targeted by scam calls and texts last summer. Criminals are becoming increasingly sophisticated, and nearly a million of these consumers followed the scammers’ instructions, risking…
Delivery scam text links on rise again – and they’re more difficult to spot
Scam text messaging (smishing) is on the rise again as GCHQ warns that companies using shortened or unclear web links are making it more difficult for the public to spot the offenders. As part of measures to get tough on fraudsters, the National Cyber Security Centre (NCSC), part of GCHQ, has published new advice for…
Scam victims suffer £9.3bn well-being hit in a year, Which? research finds
Scams, like this text message pretending to be from the Royal Mail, are increasingly commonplace Scam victims in the UK suffer a hit to their well-being that can be calculated at £9.3bn a year, new research from Which? has found. Which? launched a new study amid concerns that the full impact…
1 in 4 would fall for ‘safe account’ scam, claims report
A recent survey conducted by KIS Finance has revealed worrying statistics regarding safe account scams. The survey asked 2,000 participants whether they know what a safe account scam is and, more importantly, whether they think they would fall for it and transfer their money to a scammer. Over a quarter (25.7%) of people said that…
7 tips to avoid Black Friday Scams
Black Friday is a minefield for shoppers and presents a huge opportunity for online criminals to scam unsuspecting Brits. Chris Price talks to Raj Samani, Chief Scientist and McAfee fellow about how to protect yourself from fraud... With the pandemic seeing Brits tightening their purse strings this year, it's likely many will be shopping more…
Black Friday scam victims ‘lose around £660 on average’
Nearly a quarter of 18 to 34-year-olds have fallen for a Black Friday scam in the past five years, a survey has found. Some 24% of people in this age group admitted it had happened to them, Barclays said. Bargain-hunters lose an average of £661 each after falling victim to Black Friday scams, with televisions,…
Twitter cracks down on financial scams
Twitter is targeting financial scams in its latest attempt to deal with malicious activity on its platform. The social network has outlined a new policy against any intent to deceive other users into sending money or personal financial information. Creating a fake account or posing as a public figure to trick people into sending cash…
