In 2023, phishing scams almost doubled, with over 9,000 scams reported on Scam Tracker, according to a new study by the Better Business Bureau (BBB). The BBB President, Steve Bernas, discussed what phishing scams are, how to recognize red flags and what individuals should do if they suspect they are being targeted. Despite phishing being a well-known scam technique, it is still successful due to its ability to adapt to different forms of communication.
Phishing scams target both individuals and businesses and have resulted in billions of dollars in losses over the last three years as reported by the Federal Bureau of Investigation and BBB Scam Tracker. The constantly changing nature of phishing techniques makes it challenging for the public and authorities to keep up with the evolving defenses required.
Some red flags that may indicate a phishing scam include claims of suspicious activity, requests for financial information or payments, offers of government refunds, and using fake logos or urgent language. It is important to be vigilant and cautious when dealing with unknown or suspicious messages.
To protect yourself from phishing scams, visit BBB.org/scamstudies for more information on how to identify and avoid these fraudulent activities. Stay informed and stay safe online by being cautious about clicking on links or providing personal information in response to emails or messages from unknown sources.
