13 Apr 2021
Did you know that military members, veterans, military spouses, survivors and their families are targeted disproportionately for online scams, or cybercrime?
From 2016-20, the Federal Trade Commission (FTC) said the military and veteran community reported more than $420.5 million lost to online scams, a figure that was 44% higher than their civilian counterparts.
The numbers of military members and veteran falling prey to fraud is most likely much higher than that, though. While the agency estimated that nearly 1 in 4 Americans is a victim of cybercrime, it said only 700,000 cybercrime fraud incidents were reported to their Internet Crime Complaint Center (IC3) in 2020.