Online Fraud Is Rising as the Economy Recovers. Here’s How to Protect Yourself

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Over the last decade, the internet has inexorably ingrained itself into our everyday lives — a process cemented by the pandemic that drove even the most obstinate of us to connect virtually. These days, shopping, communicating, and even many jobs are now done, if not exclusively, then at least extensively, online.

A natural part of the transition from analog to digital life has been a rapid rise in online fraud as the scammers follow the herd. Unfortunately, as with many things, the pandemic seems to have made it all much worse.

According to the FTC, consumer complaints increased by more than 1.5 million between 2019 and 2020, with 3.5 million people reporting being a victim of fraud or identity theft in 2020. And 2021 hasn’t been much better.

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Read full article at www.fool.com