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CybersecuritySecurity NewswireCybersecurity NewsBanking/Finance/Insurance

37% of adults change passwords following a scam

By Security Staff
wallet holding cash and cards

Image via Unsplash

November 30, 2023

According to a recent survey by Citi, 27% of U.S. adults have fallen victim to a financial scam.

The survey also revealed that 71% adults who fell victim to a scam say it impacted their financial health, such as setting back their savings (38%), sending them into debt or deeper into debt (29%), or lowering their credit score (18%). Survey respondents report taking several measures after a scam, including blocking the scammers (45%), changing their passwords (37%) and contacting their banks (37%).

Sixty-seven percent routinely check their account statements and credit scores to monitor for unusual activity.

Read the full survey results here.

KEYWORDS: finance cybersecurity financial crime fraud detection fraud prevention scam

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