Identity theft spikes amid pandemic

The US Federal Trade Commission received 1.4 million reports of identity theft last year, double the number from 2019. The number of reported cases of identity theft in the United States doubled in 2020 year-on-year, the Federal Trade Commission (FTC) has said. In a blogpost marking the start of Identity Theft Awareness Week, the FTC said that … More Identity theft spikes amid pandemic

Americans report US$13 million in losses from coronavirus scams

The median loss to fraudulent schemes that exploit the global health crisis is almost US$600. The United States’ Federal Trade Commission (FTC) has received more than 17,000 complaints from U.S. consumers who reported total losses in excess of US$13 million from COVID-19 related scams. The FTC has compiled the data into an easily digestible infographic, which … More Americans report US$13 million in losses from coronavirus scams

This Netflix-themed scam prompts FTC to issue warning

The message starts off with the kind of information that is apt to send shivers down the spines of many binge-watchers. The United States’ Federal Trade Commission (FTC) issued a warning late last year about an email-borne scam campaign in which fraudsters impersonate the streaming giant Netflix and phish for people’s personal information. This variation of a … More This Netflix-themed scam prompts FTC to issue warning