905M human-initiated attacks of all kinds occurred in 2022, a 56% increase from the year prior, citing a LexisNexis Risk Solutions Cybercrime Report 2022.
The Rise in Scams: Why Institutions Must Prepare Now ↗
What happened
- The article reports that consumer reports of scams rose 44% between 2020 and 2022, with losses nearing $2.7 billion in 2022, citing the FTC Consumer Sentinel Network Data Book 2022.
- The article reports that 58% of US consumers are very likely or somewhat likely to leave their institution if it fails to reimburse scam losses, citing Datos Insights.
- The article promotes an ebook on detecting scams and warning consumers, covering three stages of a scam and detection capabilities.
Why it matters to Signicat
- The article is gated-content promotion with cited third-party statistics and no product specifics, so it carries limited competitive detail.
Evidence from the source (4 quotes)
- “Between 2020 and 2022, consumer reports of scams rose 44%, with losses climbing to nearly $2.7 billion in 2022.” source ↗
- “58% of US consumers are very likely or somewhat likely to leave their institution if it fails to reimburse them for scam losses.” source ↗
- “Our latest ebook, "Detect Scams and Warn Consumers with Confidence," is designed to help financial institutions understand the threats posed by scams in detail -- including the three stages of a scam and the capabilities available for detection and mitigation.” source ↗
- “Download the ebook and visit our webpage to learn more.” source ↗
Fraud deepfake injectionPositioning narrativeThought leadershipGlobal
4 of 4 facts verified against the source · confidence high · claude-haiku-5-5