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

27.02Heres your first look at Kratos and Atreus in Amazons upcoming God of War TV adaptation
27.02OpenAI secures another $110 billion in funding from Amazon, NVIDIA and SoftBank
27.02NASA overhauls Artemis program, delaying Moon landing to 2028
27.02Celebrate Pokémons 30th anniversary with this Game Boy-shaped music player
27.02Pokémon Winds and Waves are coming to Switch 2 in 2027
27.02Engadget Podcast: Xbox's leadership shakeup and Samsung's Galaxy S26
27.02The Morning After: The Galaxy S27 Ultras Privacy Display is pretty cool
27.02A cheap MacBook is the perfect way for Apple to win over Windows users
Marketing and Advertising »

All news

27.02Monday's Earnings/Economic Releases of Note; Market Movers
27.02Heres your first look at Kratos and Atreus in Amazons upcoming God of War TV adaptation
27.02OpenAI secures another $110 billion in funding from Amazon, NVIDIA and SoftBank
27.02BP shares plans for environmental department, compensation
27.02NASA overhauls Artemis program, delaying Moon landing to 2028
27.02Children ages 3 and younger most often victims of fatal child abuse in Illinois, according to new report
27.02In a 600-word X post, Jack Dorsey justifies his decision to lay off 40% of Blocks workforce
27.02Government to give go-ahead for 1bn defence helicopter deal
More »
Privacy policy . Copyright . Contact form .