You’re probably used to seeing your spam box filling daily with junk emails, scams, and phishing attempts. At your job, you may have had to watch a training video on how to spot suspicious emails. News stories abound on the latest internet scams.

There’s a reason for all that, and it’s because these types of scams resulted in $2.71 billion in losses in the U.S. in 2018, according to the FBI, with about about 258,000 victims. The FBI receives an average of 300,000 complaints per year — 900 complaints a day. In 2018, more than 62,000 of the victims were over the age of 60, and were taken for $650 million.

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