Tag: phone based fraud
1 article
Cybercrime Shifts to Caller-as-a-Service Model
US elderly citizens alone lost a staggering $3.4B in 2023 to phone-based scams, highlighting the alarming rise of a highly organized and profitable fraud economy. This Caller-as-a-Service model has made it easier for scammers to specialize and scale their operations, putting even more people at risk.