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      Robocall Growth Slows, Spam Texts Explode According to Robokiller 2022 Phone Scam Insights Report


      News provided by

      RoboKiller

      Mar 06, 2023, 09:13 ET

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      NEW YORK, March 6, 2023 /PRNewswire/ -- Americans received a whopping 225 billion robotexts, a 157% increase from 2021 and the most significant increase on record, according to Robokiller's annual phone scam report released today. Scammers haven't shifted too far away from robocalls yet, as those reached 78 billion in 2022, a modest 8% increase from the year prior.

      Continue Reading
      Robokiller
      Robokiller

      Government efforts to stop harmful robocalls are paying dividends
      In 2021, the FCC rolled out STIR/SHAKEN, a mandatory regulation for voice service providers designed to stop caller ID spoofing. Now, the bureau is going after some of the most harmful robocall scams with great success. Notably, they shut down an illegal car warranty scam operation, which dropped those calls from 1 billion in June 2022 to fewer than 7 million by September. The FCC also asked carriers to stop carrying student loan robocalls, which have dropped 33% since the announcement.

      Robocall losses are higher than ever
      Despite these efforts, scammers are stealing more money than ever before. According to Robokiller, Americans lost $65 billion to robocalls in 2022, more than double that of 2021. According to the FTC, the median money lost per phone scam is $1,500. With the average household unable to afford a $400 emergency expense, a loss to a robocall scam could cause financial hardship.

      Robotexts earn dubious distinction of spam of the year
      Unfortunately, while the government focused on stopping robocalls, scammers found opportunities elsewhere in the form of robotexts. Robotexts surpassed robocalls for the third year in a row, sending a record 225 billion unwanted SMS messages and stealing $20 billion from Americans, increases of 157% and 105%, respectively.

      However, not all of those robotexts were scams: The significant increase is due in part to the fact 70% of messages in November and December were marketing-related. Robokiller estimates that, excluding brand marketing messages, Americans would have received 157 billion robotexts.

      Looking forward
      Robokiller predicts that in 2023 robocalls will reach 82 billion, a modest 5% increase as government efforts to stop harmful scams will continue to make a dent in overall robocall volume. Robotexts will continue to escalate to 236 billion with a predicted growth rate of 50% as the government and carriers continue to focus their efforts on combating robocalls.

      To view the full report, follow the link below:
      Robokiller 2022 phone scam report  

      About Robokiller
      With more than 12 million downloads and $600 million in losses prevented, Robokiller is the leading independent spam call and text blocker. Robokiller has been named a leader in technical and mobile achievement by the Webby Awards, Media Excellence, Best in Biz, and more. Robokiller was named the most effective solution to robocalls by the FTC.

      Robokiller's robocall and spam text insights are powered by a global database of millions of phone scams and audio fingerprints. Robokiller's proprietary data insights have been featured by The New York Times, ABC World News, NBC Nightly News, and many others.

      Robokiller is available for download in the Apple App Store and Google Play. To learn more, visit www.robokiller.com.

      Robokiller, a Teltech brand, is a division of Mosaic Group, an IAC Company (NASDAQ: IAC).

      SOURCE RoboKiller

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