Digital fraud, also known as cybercrime, refers to fraudulent activities that are carried out using digital technologies, such as computers, mobile devices and bots. Half (51%) of consumers in the US reported they were targeted with online, email, phone call or text message fraud over the last three months, an increase of six percentage points over Q1 2023, according to the US Consumer Pulse Q2 2023. Thwarting digital fraud scams is critical to modern fraud prevention.
There are many different types of digital fraud scams. Some of the most common examples include: