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“Okay boomer”. Younger generations may shake their heads in disbelief that their parents and grandparents fall for a cyber scam. But maybe those younger people can learn a thing or two about cyber-crime from their elders.
Millennials, Generation X, and Generation Z are more susceptible to scams than their predecessors. In some cases, more than twice as likely to get swindled by cyber scammers.
It’s true, according to both the Federal Trade Commission and the Better Business Bureau. In multiple studies and based on reported crimes, Millennials and Gen Z get scammed way more than their grandparents.
And different scams work better with different age demographics.
Baby boomers and older are more likely to fall for financial and computer scams. These are generally over the phone by callers who say there’s something wrong with their computer and demand you give them remote access to fix it. Instead, the scammer installs malware or ransomware or steals personal information. Seniors are also more likely to send scammers money using gift cards.
Boomers May lose the most money, but they don’t get scammed as often as their kids. People in their 20s and 30s are more than twice as likely to be swindled according to multiple surveys. Millennials are most likely to fall for shopping scams, employment scams, romance…
