According to Odaily, a significant number of internet users fell victim to online phishing scams in May this year. Over 32,000 users reportedly lost more than $42 million due to these fraudulent activities. Scam Sniffer, a monitoring platform, detected this alarming trend, highlighting the growing threat of cybercrime in the digital age.

The report underscores the importance of cybersecurity measures and the need for users to be vigilant when interacting online. It serves as a stark reminder of the potential financial losses that can result from falling prey to such scams.

The figures released by Scam Sniffer indicate a pressing issue that needs immediate attention from authorities and internet users alike. As the digital landscape continues to evolve, the risk of falling victim to such scams increases, making it crucial for users to stay informed and take necessary precautions.