FTC Reports Over $13M Stolen in COVID-19 Scams | Avast

The U.S. Federal Trade Commission (FTC) reported that from January 1 through April 15, U.S. consumers registered 18,257 complaints related to the coronavirus, over 10,000 of which were reports of fraud. According to the FTC, 46% of the fraud victims reported a consequential financial loss, totaling $13.44 million cumulatively. The median fraud loss per person was $557. “While some reports claim there has not been an increase in computer attacks during this period,” commented Avast Security Evangelist Luis Corrons, “it is true that a good portion of the attacks happening now have shifted towards COVID-19 related topics, as people are interested in all the information they can learn about the pandemic.”

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