'DOUBLE VICTIMS' of Online Scams
All along, we always knew that SCAMS led to preying innocent victims [and to date, there's a huge number of them]. In ChannelNewsAsia, however, their report highlighted 'DOUBLE VICTIMS' of Online Scams. So, looks like, there are two sides of a coin but both sides falling prey to the same job ads that always sound too good to be true. Open and well-paid positions at a popular casino with all the perksπππ
BTW, online SCAMS can happen to anyone and even professionals, yuppies and techies are NO exemptions. BUT here's an insight that will cause you to fall off your chair. Gen Z folks fall for online SCAMS more than their boomer grandparents do. Apparently, the generation that grew up with the internet ISN'T invulnerable to becoming victims of online SCAMSπππBased on statistics, compared to older generations, younger generations have reported higher rates of victimization in PHISHING, IDENTIFY THEFT, ROMANCE SCAMS, and even cyberbullying. A study by DELOITTE showed that Gen Z Americans were three times MORE LIKELY to get caught up in an online SCAM than boomers were [16 and 5 percent respectively]πππStudies compared the behaviors between Millennials and Gen Z, the two 'highly digitally native' generations and while Gen Z had a high awareness of online security, they fared worse than Millennials in actually implementing many cybersecurity best practices❗❗❗The mother of all ironies in this ongoing SCAM saga is that those workers lured by those fake job ads are forced to run online SCAMS for money. It means victims are both those targeted by SCAMS and those who are forced to carry it out. And while we're familiar with that first type of victim, for the second, we're rarely so. The United Nations Office of the High Commissioner for Human Rights warned that there are wide-ranging digital criminal activities in romance SCAMS, investment SCAMS, crypto fraud, money laundering and illegal gambling. Even tightly-run Singapore headlined a $1.2 billion money laundering SCAM. Scary but now, two sides of the coin are 'DOUBLE VICTIMS' of SCAMS❌❌❌