Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2024-11-28 15:30:51| Engadget

The Federal Trade Commission (FTC) can now go after scammers posing as tech support providers even if it's the consumer who called them up. It has just approved amendments to its Telemarketing Sales Rule that expands its coverage to include "inbound" calls to companies pitching "technical support services through advertisements or direct mail solicitations." Samuel Levine, Director of the FTC's Bureau of Consumer Protection, explained that the new rule will allow the agency to hold these scammy businesses accountable and to get money back for the victims.  "The Commission will not sit idle as older consumers continue to report tech support scams as a leading driver of fraud losses," Levine also said, because the rule's expansion would mostly help protect consumers 60 years and older. According to the agency, older adults reported losing $175 million to tech support scams in 2023 and were five times more likely to fall for them than younger consumers.  Tech support scams typically trick potential victims into calling them by sending them emails or triggering pop-up alerts claiming that their computer has been infected with malware. Scammers then ask their targets to pay for their supposed services by wiring them money, by putting money in gift or prepaid cars or by sending them cryptocurrency coins, because those methods can be hard to trace and reverse. They've long been a problem in the US the agency shut down two massive Florida-based telemarketing operations that had scammed victims out of $120 million in total way back in 2014 but the issue has been growing worse over time. The $175 million victims reported losing in 2023 was 10 percent higher than the reported losses to tech support scams in 2022.  As the FTC notes, the Telemarketing Sales Rule has been updated several times since the year 2000 before this latest amendment. The first amendment in 2003 led to the creation of the Do Not Call Registry for telemarketers, while subsequent changes were made to cover pre-recorded telemarketing calls and debt collection services.This article originally appeared on Engadget at https://www.engadget.com/cybersecurity/ftc-expands-rules-to-hold-tech-support-scammers-accountable-143051612.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

16.03Apple acquires popular video editing software company MotionVFX
16.03Lego Batman: Legacy of the Dark Knight's release date moves up a week
16.03Encyclopedia Britannica sues OpenAI for copyright and trademark infringement
16.03OpenAI's adult mode reportedly won't generate pornographic audio, images or video
16.03Tech companies are teaming up to combat scammers
16.03Apple announces the AirPods Max 2 with improved noise cancelation and H2 chip
16.03Firefly is getting rebooted as an animated series
16.03MacBook Pro M5 Max 16-inch review: Still the pinnacle
Marketing and Advertising »

All news

16.03Apple acquires popular video editing software company MotionVFX
16.03Mid-Day Market Internals
16.03Guernsey project links surplus food to households
16.03Lego Batman: Legacy of the Dark Knight's release date moves up a week
16.03Bank of America settles over Epstein claims
16.03Car park firm NCP collapses with nearly 700 jobs at risk
16.03Encyclopedia Britannica sues OpenAI for copyright and trademark infringement
16.03Diggs comeback hits pause after bots and AI overwhelm the site
More »
Privacy policy . Copyright . Contact form .