In the wake of recent tech layoffs and economic uncertainty, job seekers are facing a new threat: increasingly sophisticated scams designed to exploit their vulnerability. These aren’t the dated Nigerian royalty money wire emails – Today’s scammers use realistic LinkedIn profiles, legitimate-looking job descriptions, and professional communication to run their game. The Breakdown of Today’s Modern Job Scam Recently, I …
Job scammers are on the rise: How can you protect your business?
The current economic climate, with its high unemployment rates and job seekers eager for opportunities, has unfortunately created a breeding ground for job scams. Between 2019 and 2024 alone, the FTC reported a near-tripling of business and job opportunity fraud, with victims losing nearly half a billion dollars. So what tactics are these scammers deploying to impersonate employers? Anywhere from …