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

17.01How to cancel CyberGhost and get a refund
17.01Papers Please but with zombies, a farming-based shoot-'em-up and other new indie games worth checking out
16.01Google is appealing the ruling from its search antitrust case to avoid sharing data with rivals
16.01CyberGhost VPN review: Despite its flaws, the value is hard to beat
16.01Anthropic opens up its Claude Cowork feature to anyone with a $20 subscription
16.01OpenAI is bringing ads to ChatGPT
16.01The mother of one of Elon Musk's children is suing xAI over nonconsensual deepfake images
16.01Lego's latest educational kit seeks to teach AI as part of computer science, not to build a chatbot
Marketing and Advertising »

All news

17.01How to cancel CyberGhost and get a refund
17.01Papers Please but with zombies, a farming-based shoot-'em-up and other new indie games worth checking out
17.01SIP stocks! HDFC Securities names 10 companies to accumulate in 2026. Check details
17.01Rs 2.5 lakh crore IPO boom in 2026 could create liquidity drain, says HDFC Securities; pegs Nifty at 28,720
17.01FIIs dump Rs 22,530 crore worth of domestic shares in first fortnight of January
17.01Elmhurst museum explores history of healthcare in DuPage County in new exhibit
17.01Nifty consolidates below 25,900 as markets await decisive trigger
17.01Gold-to-silver ratio hits 13-year low as silvers 170% surge leaves gold behind. What should investors do?
More »
Privacy policy . Copyright . Contact form .