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As I survey the evolving landscape of the internet, a disconcerting reality emerges — the escalating nexus between internet culture and scam culture. The statis
by fsndz 3y ago
As I survey the evolving landscape of the internet, a disconcerting reality emerges — the escalating nexus between internet culture and scam culture. The statistics from 2022 alone send a chill down my spine. A record-breaking $8.8 billion lost to scams in the US, marking an unfathomable increase of 30 percent from 2021, according to the US Federal Trade Commission (FTC). To further underscore the gravity of this, in 2020, the losses stood at a comparatively modest $3.5 billion. This exponential escalation, over 150 percent in just two years, signals an ominous trend. Even the usually unflappable US Attorney General Merrick B. Garland described the situation as ‘overwhelming’. The tenacity and evolution of these digital criminals have clearly outpaced our defenses.