Americans lost a whopping $2.7 billion in scams that reached them via social media, and the actual figure could be much higher, according to the Federal Trade Commission (FTC). Of those who reported losing money to fraud over the past two years, 25% said the problem started on social media, the agency wrote in a..

The post FTC: Americans lost $2.7 Billion Since 2021 to Social Media Scams appeared first on Security Boulevard.

Jeffrey Burt

Source: Security Boulevard
Source Link: https://securityboulevard.com/2023/10/ftc-american-lost-2-7-billion-since-2021-to-social-media-scams/