The Growing Epidemic of Online Fraud in America

A recent survey has discovered that nearly half of US citizens are targeted daily by imposters. The study highlights the across-the-board nature of online fraud and the need for individuals to be more vigilant about protecting themselves from fraud.

According to the YouGov data, 45% of individuals reported getting at least a single fraud call, email or text every day. It also highlighted that 10% of them are attacked by these fraudulent activities at least once a month. While the weekly & yearly ratios are 24% and 2% respectively.

57 percent consider scam texts, emails, or spam calls a very serious problem.

The rise of online communication and digital platforms has made it easier for crooks to target people, with many using social media, email, and texting platforms to reach their victims. Generally, the most common method used by scammers is hijacking data through phone calls, followed by achieving targets through various texting platforms.

Another study highlighted that the citizens of the US lost around $9 billion in the past year due to these fraudulent activities. Multiple scams such as employment frauds, social media frauds, Zelle frauds, & money-making frauds are used by scammers to achieve their targets.

Attackers use various methods, such as social engineering, fraud identifications, and enticing bids, to deceive their victims. By being knowledgeable of these frauds and exercising caution when interacting online, individuals can protect themselves from falling victim to online fraud.

Back to YouGov report, which was based on 36,435 US adults, the survey also discovered that people want their government to take more action against online scams. According to it, 72% of respondents believe that the state should be doing more to combat these types of fraud.

The study further highlights the frustration and concern felt by many Americans regarding the prevalence of digital fraud and the need for more effort to be taken to address this issue. As the threat of online fraud continues to grow, individuals, businesses, and government agencies need to work together to combat this problem and protect consumers from financial losses and identity theft.

Experts advise individuals to be cautious when receiving these types of messages or calls and to never share personal or financial information with unknown parties. They also recommend using anti-virus software and being careful when clicking on links or downloading resources from unknown platforms.

The survey highlights the need for people to take internet fraud seriously and to be more vigilant about protecting themselves from fraud. With scammers becoming massively sophisticated in their methods, it is more important than ever for individuals to be knowledgeable of the risks and to take steps to protect themselves and their data.

Read next: 87% of UK Adults Have Encountered Scams, New Survey Reveals
Previous Post Next Post