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FTC: Americans report losing over $5.8 billion to fraud in 2021

The FTC added a total of roughly 5.7 million consumer reports to its Consumer Sentinel Network (Sentinel) secure online database in 2021. Consumers reported losses of more than $5.8 billion to fraud during last year, a massive total increase of over 70% compared to the losses reported in 2020. The FTC also received nearly 1.4 million reports of identity theft in 2021, representing a quarter of all reports filed last year. Online shopping accounted for about $392 million in reported losses from consumers.”]

Source: https://www.bleepingcomputer.com/news/security/ftc-americans-report-losing-over-58-billion-to-fraud-in-2021/

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