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Hackers are Employing Real Estate Fraud to Target North Dakota Citizens

 

The majority of Americans are taking preventative measures to safeguard themselves from those who aim to steal their money or private data as concerns over scams rise. Unfortunately, there are plenty of ways for crooks to trick individuals that they might not expect; but, few in North Dakota are as dangerous and unexpected as real estate scams. 

During the research on scam in the United States, SOAX analysts gathered data from the Internet Crime Complaint Centre on the number of persons affected by real estate scam in the previous year, as well as the amount they lost. After analysing the average loss per person in each state and comparing them, it became apparent that North Dakotans had suffered the most from these frauds, at least in terms of scale. 

According to the report, while North Dakota had the fewest people fall victim to real estate fraud in the previous year, each scam resulted in a large financial loss, making it just second to Alabama as the most dangerous in the country. In contrast to these extremely high figures, states such as West Virginia, Wyoming, and Nebraska, which each have more victims than North Dakota, indicate that scams are often narrower in scope, resulting in lower individual numbers per victim. 

"Around $12.5 billion was lost in 2023 due to cybercrimes in America," revealed SOAX CEO and Co-Founder Stepan Solovev, "with 521,652 complaints registered—more than 79 times more than in neighbouring Canada." Individuals are advised to be careful and protect their personal information to avoid fraudsters from gaining significant leverage. Make sure you use strong, unique passwords for each site, and remember to change them on a regular basis to avoid repetition. Using a VPN when connecting to public Wi-Fi in airports, cafes, or anyplace else is also recommended to secure your device and personal data from cyber attacks. 

Email addresses and phone numbers are among the most common indicators of potential cybercrime. If you receive an unusual request from a colleague or a familiar firm, look at the real email address from which it was received and report it as spam if it is unknown. whether you receive a call from a phone number, simply perform a Google search to see whether it has been reported previously. Finally, trust your instincts, and if the interaction feels off or unusual, simply stop and refuse to disclose any private information.”