Sophisticated phone scams are becoming more common and more relentless. The numbers are mind-boggling.
According to the FTC, impostor fraudsters cost US consumers $2.7 billion in 2023, and the figure is rising year after year.
These are merely the listed losses; many people who have been duped are embarrassed and refuse to acknowledge they fell for such a scam. You may believe that you will not be misled, yet many of those who are duped thought this before the incident.
Scammers have refined their strategies to sound trustworthy and legitimate, and AI is just making matters worse. When combined with the strain or situation, it only takes a few moments to fall for it.
The best defence against phone scams is to be prepared to face them, as they are likely to occur at some point. We’ve compiled a list of some of the most popular phone scams in 2024 and how to prevent them.
AI-powered scams
This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents
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