Scams are as old as human society. There has, and likely always will be, an element of humanity that will try to take advantage of us all. The game of the phishing scam plays out every day in many forms. The digitization of our world only adds more ways the fraudster can use to trick us into handing over our hard-earned money or personal data. Consumer phishing scams are a global problem. In the U.S., the Federal Trade Commission (FTC) received more than 1.4 million fraud reports in 2018. In 25% of those cases, money was lost, with the total being around $1.48 billion. This is an increase of 38% over 2017. In the UK, CIFAS (national anti-fraud body) collected a record of 305,564 scam reports in 2017.
Read about the 16 phishing scams that you should be aware of on Infosec Resources.