Most Popular Topics Q4 2019

Banking industry

  • Financial institutions lost over $2.2 billion to fraud.
  • One dollar of fraud costs Financial institutions approx $2.92.
  • 200% increase in fraudsters shifting money from consumers' existing financial accounts into new accounts.
  • Account takeover tripled with 1 in 8 new account being fraudulent.
  • New account fraud increased by 70%.

Consumers

  • 38% incease in fraud with 2.5 million victims losing nearly $1.5 billion.
  • Consumers lost $488 million to imposter scams.
  • 6.5 billion consumer fraud attacks.
  • 69% of consumers are concerned about fraud, a 18% increase from the previous year.
  • Consumers said they lost nearly $1.48 billion in fraud.
  • 33,000 Americans had unresolved identity theft issues.
  • 96,000 ID victims borrowed money from family and friends to pay bills.
  • 16 hours on average to fix a fraud / ID theft incident.
  • Average cost of an attack for a company with 10 - to 24 employees was $38,437.

Our 100 most viewed topics:

  1. Online Classifieds Scams
  2. Fake News & Hoaxes
  3. Secure Business Network
  4. Mobile Text Scams
  5. Wire Fraud
  6. Avoid phishing emails
  7. Scams to avoid
  8. Non-payment / non-delivery fraud
  9. Investment Fraud
  10. Online Tools & Resources
  11. Debit card safety
  12. Check fraud
  13. How to keep your identity private
  14. ACH & Wire Fraud Prevention - For Businesses
  15. Ransomware for business
  16. Keeping your mail safe
  17. Safe online shopping
  18. Mobile banking precautions
  19. 419 - Nigerian (Advance Fee Scams)
  20. Email safety
  21. Warning signs of identity theft
  22. Using credit & ATM cards when traveling
  23. Social media safety
  24. Monitor accounts online
  25. Grandparent / Relative Scams
  26. Common phone & promotional scams
  27. ATM & Point of Sale Safety
  28. Password advice
  29. Credit card safety
  30. Steps to Developing an Effective Business Continuity Plan
  31. Identity Theft Letter to a Credit Bureau
  32. Account takeover fraud
  33. Data Breach Advice for Consumers
  34. At work - spear phishing risks
  35. Add extra security with 2-Factor-Authentication
  36. How to Report Fraud
  37. Online dating safety tips
  38. Fraud alerts and how they work
  39. Social media investing fraud
  40. Secure your home wireless network
  41. Consumer Ransomware
  42. Prevent social media ID theft
  43. 10 steps for iPhone safety
  44. Mobile phone security
  45. Tech support scams
  46. IRS - Tax scams
  47. Vendor Fraud
  48. 10 Security tips for Windows phones
  49. Stay safe when traveling
  50. College student safety
  51. Car security measures
  52. Data breaches & theft
  53. Computer safety
  54. Safeguard mobile wallet
  55. WIFI networks
  56. Stay safe in the Cloud
  57. Prevent Elder Financial Abuse
  58. Cryptocurrency safety
  59. Laptop & tablet security tips
  60. Social Media "Angler Phishing"
  61. IoT - Internet of Things
  62. Preventing Financial Exploitation
  63. Keeping kids safe
  64. Electronics disposal
  65. How to Report Elder & Healthcare Abuse
  66. Email compromise fraud schemes
  67. Cybersecurity Tips for Remote Workers
  68. Avoid malware
  69. P2P Payments
  70. 10 steps for Android smartphone safety
  71. Gift / Prepaid / Reward Cards
  72. Pinterest precautions
  73. Stop a wire transfer
  74. Direct Deposit Phishing
  75. Mobile apps
  76. Instant messaging
  77. Facebook messenger scams
  78. Malware: Keeping your company safe inside
  79. Protect your facebook account
  80. Charitable Giving
  81. Credit bureaus, agencies & advocacy groups
  82. Essential Elements of a Data Security Policy
  83. Secure your web browser
  84. Electronic toys
  85. Check Fraud - Businesses
  86. Government & Law Enforcement Agencies
  87. LinkedIn Safety
  88. Scams targeting military & veterans
  89. Government grant scams
  90. How to protect your identity
  91. Internet Auction Fraud
  92. Card not present fraud
  93. Security & Privacy Best Practices
  94. I.D. Theft - Know Your Rights
  95. Letter for Getting Business Records Related to Identity Theft
  96. Prevent chargebacks
  97. Pet Adoption Scams
  98. Employment Scams
  99. Cell phone porting
  100. Identity Theft Letter to a Debt Collector

FTC top frauds:

Each year, the FTC takes a hard look at the number of reports people make to our Consumer Sentinel Network.

  • Imposter Scams was the number one fraud reported to Sentinel in 2019. People reported losing more than $667 million to imposters, who often pretended to be calling from the government or a well-known business, a romantic interest, or a family member with an emergency. When people lost money, they most frequently reported paying scammers with a gift card.
  • Social Security imposters were the top government imposter scam reported. There were 166,190 reports about the Social Security scam, and the median individual loss was $1,500.
  • Phone Calls were the number one way people reported being contacted by scammers. While most people said they hung up on those calls, those who lost money reported a median loss of $1,000 in 2019.
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