{"id":10992,"date":"2023-10-02T09:00:38","date_gmt":"2023-10-02T15:00:38","guid":{"rendered":"https:\/\/electroniccaregiver.com\/?p=10992"},"modified":"2023-11-02T15:02:03","modified_gmt":"2023-11-02T21:02:03","slug":"fighting-fraud-and-fueling-education","status":"publish","type":"post","link":"https:\/\/electroniccaregiver.com\/fighting-fraud-and-fueling-education\/","title":{"rendered":"Fighting Fraud & Fueling Education"},"content":{"rendered":"

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Fraud is a form of exploitation that takes advantage of system vulnerabilities. This includes phishing attempts, stolen credit cards, copied bank account numbers, and check-washing. On the other hand, scams exploit a victim’s human vulnerabilities. Scams involve social engineering, manipulation, and participation by the victim, often leading to deep feelings of shame and regret. There are several ways a person can fall victim to being scammed. Being aware of scammer techniques and tools heightens awareness and helps prevent all types of fraud and scams.<\/p>\n

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What are internet scams?<\/h2>\n

Norton is a worldwide leader in device protection and cybersecurity products. In their blog, An overview + 20 internet scams to avoid in 2023<\/span>,<\/a> they state that “Online scams, also known as internet scams, continue to evolve and can vary widely. The term generally refers to someone using internet services or software to defraud or take advantage of victims, typically for financial gain.”<\/p>\n

Who’s being scammed?<\/h3>\n

In December 2022, the Federal Trade Commission (FTC) published Who experiences scams? A story for all ages. <\/span><\/a>The FTC reported that scams affect every age group but differently. However, every group is vulnerable to fraud and scams in their way.<\/p>\n

According to their reporting, adults 60 and older are 16% more likely to be scammed by business imposters. Forty-five percent are more likely to be scammed by family and friends’ imposters, and 398% <\/b>more likely to be caught up in a tech support scam! Their research also shows the older generations seem more susceptible to prizes, sweepstakes, and lottery scams.<\/p>\n

But even so, younger generations are being scammed by initial contact through social media at almost double the rates: 31% of people ages 18-59 versus 15% of those 60 and older. Without education, none are protected from fraud and scams.<\/p>\n

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Call me! But what about phone scams?<\/h3>\n

Moreover, in contrast to the social media numbers, 24% of the older adults reporting said their scam began with a phone call. This is compared to only 10% of the younger people reporting. Unfortunately, those over 80 reported the phone call as the launch point to their scam at more than 40%.<\/p>\n

AARP reports in this article <\/span>that more than 59 million people lost money through phone scams in twelve months. The media loss in scams starting with a call is $1,200.00 higher than any other contact method.<\/p>\n

Additionally, in the article,<\/a> they list some of the warning signs to be mindful of when it comes to phone scams:<\/p>\n