The Federal Trade Commission (FTC) has revealed its findings on the most impersonated companies during 2023 in a bid to help potential customers and victims to better prepare themselves against such attacks.
The report found the most-spoofed company, with a total of 52,000 impersonation scam reports, was Best Buy and its subsidiary, Geek Squad, amounting to $15 million in losses.
Rounding up the top three were Amazon, with 34,000 complaints, and PayPal, with 10,000 reports. From the 10 most impersonated companies alone, a total of 132,000 instances of impersonation scams were noted, and many more likely went unnoted or even unnoticed.
Watch out for impersonation scams from these companies
Despite having considerably more instances of recognized impersonation scams than any of the other…
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