June 20, 2023  SEONews

More vigilance urged as cyber crime losses soar by two-thirds in value – RNZ

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Financial losses from cyber crimes rose 66 percent in the first three months of the year over the previous quarter, amounting to nearly $6 million in losses.

CERT NZ (Computer Emergency Response Team) said scammers were using a number of new tactics to rob people of investments, as well as scams involving romance and an increasing use of artificial intelligence (AI).

It said the number of scams was trending higher, with a 23 percent increase from the last three months of 2022 (Q4 2022), as criminals used search engine ads and professional-looking documentation to scam New Zealanders looking to invest money.

A scam campaign in February cost New Zealanders millions of dollars in a very short time, which demonstrated how quickly someone could lose their assets.

CERT NZ director Rob Pope said everyone needed to be more aware online.

“In general, the key is to always be vigilant. Take your time when you see investment opportunities online, verify exactly who you’re talking…

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source: https://news.oneseocompany.com/2023/06/20/more-vigilance-urged-as-cyber-crime-losses-soar-by-two-thirds-in-value-rnz_2023062046382.html

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