{"id":2601,"date":"2021-07-05T16:18:27","date_gmt":"2021-07-05T15:18:27","guid":{"rendered":"https:\/\/telecomkh.info\/?p=2601"},"modified":"2021-07-05T16:18:27","modified_gmt":"2021-07-05T15:18:27","slug":"truecaller-releases-its-seventh-annual-report-showing-29-8-billion-lost-to-scam-calls","status":"publish","type":"post","link":"https:\/\/telecomkh.info\/?p=2601","title":{"rendered":"Truecaller releases its seventh annual report showing $29.8 billion lost to scam calls"},"content":{"rendered":"

59.4 million Americans (23%) report having lost money as a result of phone scams in the past 12 months, the highest recorded in seven years of Truecaller research<\/strong><\/p>\n

Truecaller, the world’s best caller ID and spam blocking app, announces the results of its seventh annual \u00abInsights U.S. Spam & Scam Report.\u00bb The research was conducted in partnership with The Harris Poll in March of 2021 and its findings detail trends on the growing number and methods of phone scams that have permeated the U.S. over the last 12 months.
\nAccording to the study, one in three Americans (31%) reported having fallen victim to phone scams, 19% on more than one occasion. This past year has proven to be the most costly year ever, with an average reported loss of $502, up 43% ($351) from last year’s 2020 report. Over the last seven years, Truecaller has seen decreases in reported spam calls — primarily in 2015 and 2019 — but these past two years have seen over 100% increase in spam calls since 2019. This year set a new record for the highest ever average amount of money lost to phone scams with a $29.8 billion loss, a 51.2% increase compared to last year’s $19.7 billion loss.<\/p>\n

Key Findings of the Report Include:
\n\u2022 COVID-19 perpetuated scam calls and texts<\/strong>:
\nScammers have taken advantage of a vulnerable situation to fraud victims with COVID-19 related messages. The report saw 59% of Americans have received scam calls or text messages related to COVID-19 in the past 12 months, up from 44% in March of 2020.<\/p>\n

\u2022 Robocalls saw continued success<\/strong>:
\nAlthough the number of victims who lost money to robocalls fell this past year from 61.5% to 60%, it continues to be a pervasive means of fraud. A staggering three in five (60%) Americans have admitted to losing money as a direct result of a robocall. On average, Americans reported receiving 30.7 spam calls (mobile and\/or landline) per month, with 21.5 of those reportedly attributed to robocalls.<\/p>\n

\u2022 Men and younger populations continue to be the most susceptible to scams with seniors increasingly victimized during and post pandemic<\/strong>:
\nThe survey found that in the past 12 months, among those who have been victim of a phone scam, 59.4% of were male and 38.3% were female, while the rest (2.3%) identified as non-binary or preferred not to reveal their gender. Around 40% of men between 18-34 were scammed compared to only 10% of males aged 65+. Similarly, only 3% of females 65+ reported being scammed over the last year.<\/p>\n

\u2022 Spam blockers\/caller ID is the predominant action after being scammed<\/strong>:
\nThe study found that after being scammed, 44% of people in the last year downloaded a spam blocker and\/or caller ID app, like Truecaller, while 31% took the inconvenient step of cancelling their credit card\/changing account numbers. Around one third (31%) of those being scammed went through the process of reporting the scam to authorities.<\/p>\n

\u00abThis year’s study has emphasized the need for efficient and accurate CallerID services and spam analytics, which our team at Truecaller delivers for hundreds of millions of consumers around the globe. We do this by balancing effective robocall mitigation with prioritization of legitimate businesses and critical communications to help protect American consumers,\u00bb says Alan Mamedi, CEO and Co-Founder at Truecaller.
\nThe study found that 85% of Americans said they try to only answer calls if they can identify the person or business they are calling from. With Truecaller, legitimate businesses and organizations can register and brand their numbers, ensuring they aren’t incorrectly identified as spam, ensuring consumers can receive information from their schools, bank, healthcare provider, local community, and other important services.<\/p>\n

Survey Methodology<\/strong>:
\nThe phone scam survey was conducted online within the United States by The Harris Poll on behalf of Truecaller from March 16-18, 2021 among 2,045 U.S. adults aged 18 and older. The phone spam survey was conducted online within the United States by The Harris Poll on behalf of Truecaller from March 18-22, 2021 among 2,002 U.S. adults ages 18 and older.<\/p>\n

Above, Alan Mamedi, CEO and Co-Founder at Truecaller \/ Image credited to Truecaller<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

59.4 million Americans (23%) report having lost money as a result of phone scams in the past 12 months, the highest recorded in seven years of Truecaller research Truecaller, the world’s best caller ID and spam blocking app, announces the results of its seventh annual \u00abInsights U.S. Spam & Scam Report.\u00bb The research was conducted … <\/p>\n

Continue reading \u00abTruecaller releases its seventh annual report showing $29.8 billion lost to scam calls\u00bb<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":2602,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[24],"tags":[],"_links":{"self":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/2601"}],"collection":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2601"}],"version-history":[{"count":1,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/2601\/revisions"}],"predecessor-version":[{"id":2603,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/2601\/revisions\/2603"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/media\/2602"}],"wp:attachment":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}