As consumers spend more time online, scams and fraud are rising. In 2021, the Federal Trade Commission (FTC) received fraud reports from more than 2.8 million consumers, amounting to more than $5.8 billion lost to fraud. Now, more than ever before, bad actors are deploying fraud techniques such as phishing emails, texts, and other social engineering scams to put consumers’ personal information at risk and create further distrust between companies and consumers.