More than 40% of people who lost money to a scam on social media said it started when they ordered something they’d seen in an ad
More than 40% of people who lost money to a scam on social media said it started when they ordered something they’d seen in an ad — This cybersecurity statistic was published by FTC in May 2026. It covers topics including Social Media, Scams, Fraud, Social Media Scams. The original data appears in Reported losses to scams on social media eight times higher than in 2020 . For the full methodology and detailed findings, refer to the original report.
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What does this statistic say?
More than 40% of people who lost money to a scam on social media said it started when they ordered something they’d seen in an ad This data was published by FTC and covers Social Media, Scams, Fraud, Social Media Scams.
Where does this data come from?
This statistic comes from Reported losses to scams on social media eight times higher than in 2020 , published by FTC on May 27, 2026. You can view the original report at https://www.ftc.gov/news-events/data-visualizations/data-spotlight/2026/04/reported-losses-scams-social-media-eight-times-higher-2020#ft4.
What cybersecurity topics does this cover?
This statistic relates to Social Media, Scams, Fraud, Social Media Scams. Browse more statistics on Social Media or from FTC.