April 2, 2024

Cyber-Forensics.net

Cyber Forensic Specialist

Cyber Forensic Specialist

A string of online scams is currently making rounds on the internet, asking people to make payments for hospital bills using apple gift cards.

The Apple gift card scams are committed using several methods. Fraudsters call individuals and request them to provide the numbers printed on the back of the Apple Gift Card”

— Timothy Benson

SOFIA, BULGARIA, March 13, 2022 /EINPresswire.com/ — Gift card scams are an increasing problem. It is not an issue in dispute anymore but has become a severe cause of concern for marketers worldwide. A report by the Federal Trade Commission reveals:

”The data spotlight shows more than 40,000 consumers were impacted by gift card scams during the first three quarters of 2021, with the practice reaching heights to $51 million and 14,000 reports during Q1 alone. While. median losses for each of the incidents rose to $1,000 in 2021.”

Another organization, Cyber-Forensics.net, a cyber forensics service for online scam victims, analyzed the “data spotlight” only to find that much larger thefts of $5,000 or more resulting from gift card scams now represent more than 8% of financial losses in 2021.

Out of this percentage, apple gift card scams became brazen. Such frauds especially become more active during the holidays as the season is ripe for scammers to go phishing.

Understanding the grave danger, the firm’s chief…

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