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Consumers will lose $40 billion to fraudulent robocalls globally in 2022; rising from $31 billion in 2021, a Juniper Research study reveals. Fraudulent robocalls pose threats to consumers by encouraging the disclosure of personal information that fraudsters can use for identity theft. In most robocall fraud cases, fraudsters impersonate a genuine brand or enterprise to gain the call recipient’s trust. The study predicts emerging mitigation frameworks will combat fraudulent robocalls by creating an ecosystem in … More
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Read the original article: Fraudulent robocalls to cost consumers $40 billion in 2022