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AI Scams

Scam Losses Soar: More Than Half of Consumers Targeted Every Month

AI Scams, Cyberattack, Cybercrime, Digital Scam, Financial fraud, Identity Protection, Identity Theft, Monitoring, Online Scams, Phishing /

Scams are no longer isolated incidents affecting only a small group of consumers. They’ve become part of everyday digital life for millions of Americans — and the financial consequences are growing rapidly. According to F-Secure’s third annual Scam Intelligence & Impacts Report, 56% of Americans now encounter scam attempts at least once a month, with […]

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Report Finds Online Scam Costs

Report Finds Online Scam Costs Exceed $119 Billion, Far Above Official Figures

AI Scams, Blog, Cybercrime, Deepfake, Digital Scam, Fraud Prevention, Identity Protection, Identity Theft, Monitoring, Online Scams, Phishing, Scam, Scam Detection /

A new report from the Consumer Federation of America (CFA) estimates Americans lose a staggering $119 billion annually to online scams—more than seven times higher than official figures. While the FBI’s Internet Crime Complaint Center (IC3) reported $16.6 billion in losses in 2024 (up 33% year over year), the CFA’s analysis accounts for underreporting and

Report Finds Online Scam Costs Exceed $119 Billion, Far Above Official Figures Read More »