E-commerce, social media impersonation, loan and banking-related phishing scams accounted for the largest share of these scams. The number of scams from these four categories shot up by 163 per cent, compared with the first half of last year.E-commerce scams remain the top scam type, forming the bulk of reported scams in the first half of 2020The total sum cheated was S$5.
The number of cyber extortion cases more than tripled to 81 from 25 — with more than S$190,000 lost by victims To prevent more people from falling victim to scams, public education efforts will continue to focus on the online community, it added. The campaign, which runs until March 2021, aims to educate the public on how to spot telltale signs of various scams through visuals such as posters and videos.