STOCK TITAN

Robokiller releases 2023 mid-year phone scam report

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Robokiller's 2023 mid-year phone scam report reveals that Americans received 78 billion robotexts and 31 billion robocalls between January and June, with an 18% increase in robotexts and a 21% decrease in robocalls compared to last year. Americans could potentially lose $90 billion to phone scams by the end of the year.
Positive
  • None.
Negative
  • None.

Report reveals Americans are on track to receive 279 billion robocalls and robotexts in 2023

NEW YORK, Aug. 2, 2023 /PRNewswire/ -- Robokiller, the app that eliminates 99% of robocalls and robotexts, released findings from its 2023 mid-year phone scam report today. The report reveals Americans received 78 billion robotexts and 31 billion robocalls between January and June, an 18% increase and 21% decrease from that same timeframe last year, respectively. By year's end, Americans could lose upwards of $90 billion to phone scams.

Robotexts soared and the government noticed 
According to Robokiller's mid-year report, robotexts fluttered around 13 billion each month, underscoring how easy it is for scammers to send these messages. Fraudsters honed in on what works best, and that's delivery-related messages: scammers often posed as well-known brands like Amazon, FedEx, and UPS in the first half of the year. The messages they sent often contained links in the hopes someone would click and inadvertently provide their personal information. Though the FCC has announced plans to combat robotexts, it will take some time before Americans see a significant impact from these efforts.

Robocalls declined, but losses stayed consistent
The FTC recently announced plans to combat the illegal telemarketing calls making their way to Americans phones. This is one of the many efforts the government has taken in recent years. In fact, the FCC took down the infamous car warranty robocall scam, which went from being the number one robocall to nearly nonexistent, according to Robokiller data.

Thanks to all of the government's efforts in recent years, robocalls hovered around 5 billion per month in the first half of 2023. Although these efforts are a stride in the right direction, Americans are still losing billions of dollars in the process. In the first half of the year, scammers stole an estimated $33 billion — that total could reach $65 billion by year's end, even with robocalls on the decline.

Read the full report
For a full analysis on robotext and robocall trends and the reasons behind them, read the full report at the link below: 2023 mid-year phone scam insights

How to stop phone scams
At Robokiller, our mission is to create a world without spam. In addition to downloading the Robokiller app, follow these tips to protect yourself against spam texts and spam calls. Additionally, if your brand is interested in protecting against scams perpetrated under its name, contact our enterprise service team.

About Robokiller
With more than 12 million downloads and $740 million in losses prevented, Robokiller is the leading independent spam call and text blocker. Robokiller has been named a technical and mobile achievement leader by the Webby Awards, Media Excellence, Best in Biz, and more. Robokiller was named the most effective solution to robocalls by the FTC.

Robokiller's award-winning robocall and spam text insights are powered by a global database of millions of phone scams and audio fingerprints. Robokiller's proprietary data insights have been featured by The New York Times, ABC World News, NBC Nightly News, and many others.

Robokiller is available for download in the Apple App Store and Google Play. To learn more, visit www.robokiller.com. Robokiller, a Teltech brand, is a division of Mosaic Group, an IAC Company (NASDAQ: IAC).

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/robokiller-releases-2023-mid-year-phone-scam-report-301891651.html

SOURCE Robokiller

FAQ

What is the key finding of Robokiller's 2023 mid-year phone scam report?

The key finding is that Americans received 78 billion robotexts and 31 billion robocalls between January and June, with an 18% increase in robotexts and a 21% decrease in robocalls compared to last year.

How much money could Americans potentially lose to phone scams by the end of the year?

Americans could potentially lose $90 billion to phone scams by the end of the year.

What type of messages did scammers often send in the first half of the year?

Scammers often posed as well-known brands like Amazon, FedEx, and UPS and sent delivery-related messages in the first half of the year.

What are the government's efforts to combat robotexts and robocalls?

The government has announced plans to combat robotexts and illegal telemarketing calls. The FCC has taken down the infamous car warranty robocall scam.

How much money did scammers steal in the first half of the year?

Scammers stole an estimated $33 billion in the first half of the year, and this total could reach $65 billion by the end of the year.

Where can the full report on robotext and robocall trends be found?

The full report can be found at the link: 2023 mid-year phone scam insights

What can individuals do to protect themselves against spam texts and calls?

In addition to downloading the Robokiller app, individuals can follow tips to protect themselves against spam texts and calls. They can also contact Robokiller's enterprise service team if their brand is interested in protecting against scams perpetrated under its name.

IAC Inc.

NASDAQ:IAC

IAC Rankings

IAC Latest News

IAC Stock Data

4.15B
75.65M
6%
94.54%
2.45%
Internet Content & Information
Services-computer Programming, Data Processing, Etc.
Link
United States of America
NEW YORK