Cyber-Forensics.net
Cyber Forensic Specialist
Scammers are pretending to be legitimate online retailers, building fake websites and ads to steal banking and personal information from shoppers.
— Timothy Benson
SOFIA, BULGARIA, April 14, 2022 /EINPresswire.com/ — As businesses focus on frictionless customer interaction through online transaction facilities, online criminals are discovering new methods to defraud online shoppers. In a new technique to defraud online shoppers, scammers are pretending to be company representatives and stealing credit card information from buyers.
According to a UK-based crime analysis firm, between 2020 and 2021, individual victims filed 448,838 reports, amounting to approximately 1.9 billion losses.
Cyber-Forensics.net, a cyber forensics service that has been actively using artificial intelligence-powered tools to assist online scam victims, reveals:
“Digital transactions may have changed our lives for the better. But, it has simultaneously opened up new avenues for criminals and perpetrators to exploit the loopholes in the systems. ”
How Do Online Shopping Scams work?
Scammers take advantage of the anonymous nature of the internet to target unsuspecting shoppers. They may even have access to the latest technology to set up their own fake websites and applications to execute various types…
