scams

Spot and avoid scams and unfair, deceptive, and fraudulent business practices with tips from the FTC, America's consumer protection agency. Learn about recent scams and how to recognize the warning signs.

Source: consumer.ftc.gov

QR Codes Are Everywhere — But Are They Safe for Payments?
QR Codes Are Everywhere — But Are They Safe for Payments?
December 18, 2024  |  Cybersecurity

QR codes have become a common feature in retail, marketing and payment systems, changing the way businesses engage with consumers while offering convenience and efficiency....

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Revolut Introduces Fraud Protection for Crypto Customers
Revolut Introduces Fraud Protection for Crypto Customers
December 17, 2024  |  Cryptocurrency

Revolut will reportedly offer new anti-fraud security measures to its cryptocurrency customers starting next year. “In the crypto space, there’s a little bit of an issue with...

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Fraud Expert Claims Four Key Pillars of Risk Threaten Consumer and Merchant Circle of Trust
Fraud Expert Claims Four Key Pillars of Risk Threaten Consumer and Merchant Circle of Trust
December 17, 2024  |  Cybersecurity

Trust is a balancing act as companies, banks and merchants collaborate to make everyday financial life and commerce a reality. Featurespace Chief Operating Officer Tim...

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HSBC Australia Sued for ‘Widespread’ Anti-Fraud Failings
HSBC Australia Sued for ‘Widespread’ Anti-Fraud Failings
December 16, 2024  |  Bank Regulation

Banking giant HSBC is facing a lawsuit in Australia over alleged fraud-prevention failures. The Australian Securities and Investments Commission (ASIC) announced Monday (Dec. 16) that...

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FTC Warns of ‘Massive Jump’ in Online Job Scams
FTC Warns of ‘Massive Jump’ in Online Job Scams
December 12, 2024  |  Cybersecurity

The Federal Trade Commission (FTC) is warning consumers about a “massive jump” in a form of online job scams called “task scams.” The FTC received 20,000...

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Featurespace Receives US Patent for AI-Powered Fraud Detection Technology
Featurespace Receives US Patent for AI-Powered Fraud Detection Technology
December 11, 2024  |  Cybersecurity

Featurespace was granted a U.S. patent for its adaptive behavioral analytics technology. This artificial intelligence-powered technology improves fraud detection and prevents real-time scams by learning...

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Meta Sounds Pre-Holiday Alarm as Scam Incidents Jump 56%
Meta Sounds Pre-Holiday Alarm as Scam Incidents Jump 56%
December 10, 2024  |  Facebook / Meta

Meta has launched a pre-holiday anti-scam awareness campaign to keep users safe. “Scammers are persistent and try to trick people in a variety of ways...

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Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
December 10, 2024  |  Cybersecurity

As digital transactions play a role in the financial landscape, financial institutions invest heavily in fraud prevention tools. Efforts to combat fraud in routine digital...

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FTC to Expand Telemarketing Sales Rule to Combat Tech Support Scams
FTC to Expand Telemarketing Sales Rule to Combat Tech Support Scams
November 27, 2024  |  News

The Federal Trade Commission (FTC) is a step closer to expanding its Telemarketing Sales Rule (TSR) to enable it to combat tech support scams. After announcing...

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