Scams and scamsters have been prevalent for an extended period. They are as old as humans themselves, be it face-to-face scams, paper-based scams, or later phone call-based scams. Digital scams, however, have only recently emerged as a significant issue as our daily lives have become increasingly digitized.
They started with emails and have moved on swiftly to social media and smart phones as well. Every day we read about a new trick, a new medium, a new lure, or a new victim. The end goal has always been the same though – financial fraud designed to exploit victims mainly for monetary gain, be it money, cryptocurrency, personally identifiable information, or ransom data. It is something that is inherently valuable to the victim. Read the full article here.