Overview
- A Schufa-commissioned survey found that 24% of German adults have fallen victim to fake online shops, with scams continuing to impact consumers nationwide.
- 61% of fraud victims reported financial losses, with damages ranging from €100 to over €10,000 in some cases.
- Common fraud tactics include scamming, identity theft, and subscription traps that deceive users into costly agreements.
- Sensitive data, such as passwords, banking information, and personal details, was compromised in a substantial portion of cases.
- In response, 58% of consumers now use stronger passwords, and 35% of victims have updated their login credentials after experiencing fraud.