Online scams are on the rise, up 87% since 2015, according to new BBB report – Niagara Frontier Publications

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Submitted by the Better Business Bureau

Tactics used by scammers have shifted drastically during the past several years, with online scams up 87% since 2015, according to a new report published by the Better Business Bureau. During the same period, phone scams dropped by 42%.

Start with Trust Online: BBB Online Scams Report analyzes the changes in how scams are being perpetrated, and includes new information about impersonation and online purchase scams. This research is based on two sets of data:

An analysis of more than 300,000 reports submitted to BBB Scam Tracker between 2015 and 2022, and

Survey research was conducted in July 2022.

So far, in 2022, online scams are more prevalent (55%) than other methods, with a higher percentage of people losing money when targeted (75%). Text scams rose from 11% in 2015 to 30% in 2022, and had a median dollar loss of $800 in 2022 – higher than other reported means of contact.

Text messaging was the most reported method used to…

Read Full Story: https://www.wnypapers.com/news/article/current/2022/10/05/152548/online-scams-are-on-the-rise-up-87-since-2015-according-to-new-bbb-report

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source: https://news.oneseocompany.com/2022/10/05/online-scams-are-on-the-rise-up-87-since-2015-according-to-new-bbb-report-niagara-frontier-publications_2022100532291.html

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