Social Media Overtake SMS and Email: Americans Lost $2.1B to Scams — FTC Report

Friends, sharing key tech-sector findings: social media are now the primary channel for online fraud.

FTC: in 2025 Americans lost $2.1 billion — an eightfold increase; nearly 30% of complaints originated on social platforms, with Facebook cited most often.
Main schemes: marketplace ads (most complaints); fraudulent investment offers (losses of $1.1 billion); romance scams (about 60% began on social media).
Protection: restrict profile/contact visibility; distrust investment tips from strangers; verify sellers and search “[name] + scam/complaint”.
Why it matters: platforms create new risks for consumers and businesses.
What measures do you consider most effective against these schemes?

#cybersecurity #socialmedia #scams #FTC