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12/18/2023

Consumers Experience Fraud Attempts via Phone Calls Multiple Times Per Week – Research Report

Crowdfund Insider

“Who’s calling now?” has become a “ubiquitous” question and a “sign of the times” for mobile users as fraud and spammers repeatedly target consumers through their phones.

New research from TransUnion (NYSE:TRU) reveals that “around one-third of consumers experience fraud attempts multiple times per week, if not daily.”

More than half (51%) report being “targeted in the last three months.”

The most common attacks “include social engineering schemes that try to convince consumers to give sensitive information, like phishing, which typically occurs via email; vishing, which happens via phone calls and voice messages; and SMSishing, which occurs over text message.”

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