By Anuz Thapa
Despite the rise of sophisticated crypto frauds and ransomware plots, phone scams continue to trick Americans out of tens of billions of dollars each year.
“It’s very cheap to set up an automatic dialer and to plug a bunch of phone numbers into it, whether they’re random or they are very intentional by geography or by demographic, and place millions of phone calls in a very short period of time,” said Clayton LiaBraaten, senior executive advisor at Truecaller. “It’s a numbers game.”
Watch the video to learn more about why phone scams remain so prevalent, how people are fighting back against them and how not to become a victim.
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This article originally appeared here and was republished with permission.
