Americans lost $8.8 billion to cyber scams in 2022

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New data from the US Federal Trade Commission (opens in new tab) (FTC) has revealed the astonishing scale of scams across America, which accounted for billions in losses last year.In 2022, the FTC reported $8.8 billion in losses due to fraud, an increase of more than 30% on the previous year.The report shares insights into the most common types of fraud to help protect consumers. Despite fewer reports of fraudulent activity last year compared with

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