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Phishing is less common among older adults, with just over one in four (27.9%) of those aged 75 years and over receiving phishing messages in the previous month. Those who are most often targeted by phishing attacks also have the most disposable income to lose, are homeowners, or have children to support. In the financial year 2020 to 21, those ...
Jul 13, 2021 · More research is needed to determine how aspects of decision making (e.g., perceptions of benefits and risks) concerning an offer can be modified to reduce people’s vulnerability to scams and ...
- Arash Emamzadeh
Sep 17, 2024 · There are a variety of psychological factors that scammers exploit. One model suggests people are more vulnerable to scams due to situational variables (like time or social pressure) as well as cognitive, emotional, and personality factors. For example, people who tend to be more agreeable may be more likely to comply with scams.
May 17, 2021 · Stories about scams are a weekly occurrence in the popular media, and scams have become one of the most common crimes globally. One report estimated the financial cost of fraud to the global economy at over $5 trillion per year (Gee & Button, 2019), almost 50% higher than the 2019 U.S. budget (about $3.5 trillion).
- Yaniv Hanoch, Stacey Wood
- 2021
May 1, 2018 · Among those who reported losing money to fraud, those in their 20s accounted for 40 percent, the single largest group, vs. 18 percent for those 70 and older, according to 2017 Federal Trade ...
Jun 11, 2024 · In 2021, there were more than 90,000 older victims of fraud, according to the FBI. These cases resulted in US$1.7 billion in losses , a 74% increase compared with 2020.
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Find out why that makes you more vulnerable to fraud – and what you can do to reduce your risk. 1. The internet gives fraudsters more opportunities than ever before. Our lives are increasingly online, so fraudsters have more opportunities than ever to target people while they’re shopping, banking, gaming, dating, networking and more.
