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

05.02Canon unveils a Limited Edition version of its popular G7 X III compact camera
05.02Why Korean Air put a ramen library in its Incheon Airport business lounge
04.02Bipartisan SCAM Act would require online platforms to crack down on fraudulent ads
04.02Games Done Quick's Back to Black 2026 event kicks off tomorrow
04.02Robloxs '4D' creation toolset is now available in open beta
04.02Overwatch will drop the '2' as Jetpack Cat and four other heroes arrive on February 10
04.02X's 'open source' algorithm isn't a win for transparency, researchers say
04.02You can pre-order the Pixel 10a on February 18
Marketing and Advertising »

All news

05.02Thursday Watch
05.02Canon unveils a Limited Edition version of its popular G7 X III compact camera
05.02Sebi to ease fit and proper person criteria
05.02US pitches plan to counter China's dominance of critical mineral supply
05.02Motilal Oswal urges balanced portfolio mix as India-US trade deal lifts sentiment
05.02No immediate steps planned to regulate equity derivatives: Tuhin Kanta Pandey
05.02IT companies tumble on Anthropic shock; some feel its a short alarm
05.02Asian stocks fall after tech selloff, gold gains
More »
Privacy policy . Copyright . Contact form .