Romance scams are on the rise and Valentine’s Day is just one example of when these scams can significantly increase.
Tech support fraud is increasingly becoming a larger problem, with losses from scams surpassing US$146 million, which is a 171% year-on-year increase. Con artists usually try to defraud their victims by offering to resolve non-existent technical issues, such as a software license expiring, or warning them that their email or bank accounts have been “compromised”.