Online Scams in Africa: KnowBe4 Report Exposes Cybercriminal Tactics - IT News Africa | Business Technology, Telecoms and Startup News

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The report revealed an increasingly sophisticated network of scammers leveraging technology to deceive people into costly mistakes.

Falling for a scam had a significant psychological impact on victims. While 23% reported little or no effect, nearly 50% felt a strong or moderate impact. Victims experienced negative emotions such as embarrassment , anger , naivety , loss of trust , shame , trauma , vulnerability , anxiety , guilt , and fear .The emotional toll of online scams often exceeded the financial losses.

The report underscores the vulnerability of people to online scams and their emotional distress. Although respondents were aware of deceptions and the associated risks, many did not feel adequately prepared, emphasizing the need for ongoing training to maintain awareness of scams and their threats to individuals and organizations.

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