tellows insight - Navigating the Latest Menacing Robocalls: Who Are the Prime Targets and How to Combat Scams


Posted March 1, 2024 by tellows_ltd

tellows experts give a new insight in the significant nuisance in today's digital world, by robocalls, adopting various guises like surveys, SMS’s, telemarketing, & scams. Across generations, Millennials, Gen X, and Baby Boomers face differing risks

 
Robocalls persist as a relentless nuisance in today's digital landscape, infiltrating our daily lives through various guises such as surveys, SMS spam, telemarketing, and scam tactics. Harnessing data collected between 2018 and 2024, tellows research experts have meticulously dissected the prevalence and impact of these calls, shedding light on the pervasive negative experiences they engender. Moreover, concerted efforts such as Project Point of No Entry (PoNE) have been initiated to curb the influx of illegal robocalls originating from overseas.

Official Robocall numbers with positive ranking:
The positively rated Robocall numbers typically correspond to parcel deliveries or payment verification services. One example is the prescriptions notifications by Blue Cross Blue Shield of SC (843) 883-2246.
The multifaceted use cases for robocalls serve as a vehicle for scammers to target specific demographics. tellows experts have discerned that an alarming 77% of robocalls across all generations are perceived as negative scams, leaving only 23% of the calls with any semblance of legitimacy, most of which are mere spam.

Let's delve into the prime targets based on generational demographics:
>> Millennials: Spanning ages 24 to 40, Millennials exhibit a high degree of digital literacy but are paradoxically susceptible to identity fraud. Of the robocalls documented in the past five years, spam calls prevail, with 42% of the spam linked to SMS spam and advertisements. Despite their tech savviness, Millennials often fall prey to promises of rewards or transactional communications, rendering them vulnerable to fraudsters within this realm.
>> Gen X: Encompassing ages 41 to 65, Gen X demonstrates a moderate level of technological proficiency. Within this demographic, 14.5% of spam robocalls are associated with survey messages prompting recipients to press buttons. Fraud tactics targeting Gen X exploit vulnerabilities related to financial matters, offering enticing opportunities to exploit trust and financial concerns.
>> Baby Boomers: Aged 55 to 75, Baby Boomers remain susceptible to traditional robocall tactics. This demographic is often targeted by fraudsters posing as government officials or legitimate businesses, preying on their trust and familiarity with conventional communication channels. Scams related to IRS, healthcare, and social security are prevalent, posing significant financial risks.

User Experience: A recent anecdote shared on tellows underscores the deceptive nature of robocalls, with Miss Kiourtzidis recounting a fraudulent attempt falsely claiming to be from Amazon billing, using the number 8332373377. Such narratives highlight the sophisticated tactics employed by scammers to deceive unsuspecting individuals.

FTC Efforts and Imposter Scams: According to data from the Federal Trade Commission (FTC), imposter calls reign supreme, accounting for over 175,000 complaints received in the fiscal year ending September 30, 2023. Of these, 67% were robocalls, indicating a concerning trend in fraudulent activity. Imposter scams underscore the urgent need for regulatory intervention.

Exposing Fraud: tellows Insights for Consumer Safety:
tellows equips consumers with vital insights to safeguard against Robocall scams:
- Caller Verification: Rely on the tellows app to authenticate incoming calls, cross-referencing numbers against an expansive database of user-generated ratings.
- Robocalls continue to pose a pervasive threat across generations, with alarming percentages of calls categorized as scams. By leveraging data-driven insights and collaborative efforts, we can combat the proliferation of illegal robocalls and safeguard consumers against fraudulent schemes. Through heightened awareness, regulatory measures, and technological innovations, we strive for a future free from the scourge of robocall scams.

View full article here: tellows.com/s/analyse_us/robocalls
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Issued By tellows UG
Phone +49 341 35540902
Business Address Eschenring 6, 04282 Bennewitz, Germany
Country Germany
Categories Advertising , Banking , Blockchain
Tags robocalls , scam caller , telecommunications , automated calls
Last Updated March 1, 2024