
By :: Kimma Wreh
Online scams have evolved from basic email phishing to highly sophisticated AI-driven schemes. In 2025, cybercriminals are using advanced technologies—deepfakes, social engineering, and even AI chatbots—to trick both individuals and businesses. The goal? To exploit trust and access sensitive data or money.
According to the FBI’s Internet Crime Complaint Center (IC3), cybercrime losses topped $12.5 billion in 2023 globally—and the upward trend continues in 2025. From fake job offers to investment scams, no one is immune. So how do we protect ourselves?
Cybercriminals are not operating alone. Many scams today are run by organized crime rings and are fueled by global data breaches. In 2024 alone, over 8 billion records were exposed worldwide.
Here are key types of scams making headlines:
AI-generated phishing emails that mimic your manager’s writing style
Deepfake videos used to impersonate executives and request fund transfers
Fake investment opportunities promoted through seemingly trustworthy influencers
Romance and crypto scams that prey on emotions and FOMO
In the UK, scammers used AI voice cloning to trick a company into transferring $243,000, thinking it was the CEO on the phone.
In the U.S., a deepfake of a CFO was used in a Zoom call to approve fraudulent payments.
In India, cybercrime cost the economy over ₹1.25 lakh crore ($15 billion) in 2024, mostly due to phishing and fraudulent apps.
The scope is global. The tactics are borderless.
Here’s how you can actively protect yourself and your organization:
Scams are designed to make you act fast. Take a moment. Call back the sender on an official number. Look for inconsistencies.
Always enable MFA on your email, social accounts, and especially bank logins. It adds a second layer of protection.
Cyber awareness isn’t just for IT. Host monthly awareness sessions. Share real scam examples.
Regularly check what data of yours is available online. Use tools like HaveIBeenPwned or browser plugins to stay updated.
Avoid revealing personal details like your birthday, hometown, or pet names—these are often answers to your security questions.
If you run a business, the cost of inaction is massive. Beyond monetary loss, reputation damage is often irreversible.
Invest in cybersecurity audits
Implement endpoint protection across devices
Hire a professional to simulate phishing attempts
Use AI tools defensively to detect scam patterns
Need help assessing your cybersecurity posture or training your team?
Reach out to us for expert guidance and personalized consulting:
Email: exceltekay@gmail.com
Mobile: +1 346 652 6757
Written by Dr. Kimma Wreh
Read more from the author
Also check out the first article in the series:
The Hidden Costs of Cyber Scams and How to Outsmart Them