Reposted with permission from MBS Techservices Inc.
2021 is the year with malicious cyber activity on the rise. With the same goal to obtain financial or other gain, scammers' tools and strategies are becoming more and more sophisticated - oriented on stress and pressure tactics, psychology (people's trust, fears, greed, pride, curiosity, wish to help others, etc.), human age and other social features, and much more. And there are no chances you have never received scam attempts. Let's have a closer look at what scams are, their types and, of course, top financial scams 2021 to know about and get protected.
Incredible Losses Over the Past Year
Several straight years, scam attempts tend to beat their previous results with growing numbers of victims and tremendous losses. As we like to say, nothing speaks louder than numbers. See for yourself. For instance, the US recent research showed that every third American became a phone scam victim in 2020 - with some of them even far from once. That means that about 60 million Americans were deceived by phone scammers and gave them about $30 million over a year.
The FBI's IC3 (Internet Crime Complaint Center) got approx. 800 000 cyber scam claims featuring incredible losses of $4+ billion in 2020. This is the figure of reported Internet crime; we can only speculate on the virtual volume of the damage caused by scammers.
Top Financial Scams 2021
Phone-Related Scams
The first step of hackers' strategy may include a simple phone call which can lead to the actions when you enter your personal or business data or download malware. Most of these scams are oriented on the capabilities of your smartphone or other devices. There are such phone-related scams: smishing (SMS + phishing) texts with a compromised link; impersonators copying somebody (relatives, bank clerks, police officers, etc.) to make their message credible; robocalls; QR code spoofing, etc.
Continue reading on: https://www.mbstechservices.com/blog/top-financial-scams/