Americans lost $40B to phishing scams in 2022, report finds

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Americans lost $40B to phishing scams in 2022, report finds
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The report by TrueCaller shows more Americans are falling prey to these scams, as 68 million Americans fell prey to phishing scams last year.

We're getting our first look at just how much money Americans lost to phishing scams—those phony texts or calls or even Internet ads that try to get money or information out of you.

"It continues to be the number one issue. It is the primary access point for 99% of these attacks,” said Robert Falzon, head of engineering at Checkpoint Security, an international Cybersecurity company with locations in more than 10 countries."[2023] is going to be the year where we see a lot of these. It's just January and I'm fielding calls like crazy."

"Medical records are worth more than a working credit card nowadays,” said Falzon. “Hackers want to be able to do the long game with you. They want to know about your parent or grandparent that might be suffering from some cognitive disorder, and then they're going to find that information out and sell that medical record to someone who will exploit that person far beyond a simple, quick scam on the phone.

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