Security News > 2022 > June > Fraud trends and scam tactics consumers should be aware of

Seventy-four percent of consumers say they have received a scam text so far this year, while as many as 83% have received a scam phone call, according to Allstate Identity Protection's first quarter Identity Fraud in Focus report.

Although even successful scams sometimes fail to escalate to instances of full-blown identity theft - and therefore are not counted toward Allstate Identity Protection case counts - they are nonetheless burdensome and costly to victims.

Three varieties of scam that consumers should be aware of Spam texts and phone calls: Scam phone calls and texts are nearly ubiquitous.

Charity scams: Fraudsters try to take advantage of crisis situations to steal money or sensitive personal information.

Whether it's a natural disaster, a global pandemic or geopolitical unrest, criminals will launch new charity scams to exploit generosity.

Peer-to-peer payment service scams: As the ease and speed of payment transactions increase, so too do scams.

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https://www.helpnetsecurity.com/2022/06/17/consumers-scam-text/