Cybercriminals are continuously targeting naïve individuals. They do not discriminate when it comes to defrauding people. They’ll obtain money from anyone – young, old, poor, and rich. The American Journal of Public health notes that about 5% of adults get scammed yearly.
In the United States, older adults lose about $40 billion per year due to cyberattacks. Cybercriminals can easily exploit the information of an older adult, which can be obtained through smartphones or computer systems. Unfortunately, senior citizens are easy targets of cybercriminals because of their inexperience with using technology. Many older citizens have social media accounts, surf the internet, and use credit cards online. Unlike the younger generation, older adults are generally less aware of cybercriminals’ activities, and as such, they lack the necessary information to help them stay protected from these malicious activities.
Cybercriminals may reach out in a non-suspicious manner. They may send a link through a legitimate email and offer to assist them with resolving issues. Or they may send an email posing as a company offering cheap vacation trips, or even coupons or prizes.
These fake emails are called phishing. The criminal is trying to fish for victims, just like fishermen fish for bass, trout, etc. The fake emails act as their lures. Phishing is one of the main causes of all types of data breaches, credit card theft, and other cybersecurity issues.
Then, these hackers will proceed to request personal information from the unsuspecting victim. They will use the information generated to access their credit cards and defraud them if successful.
Scams targeting the elderly population are becoming rampant in the United States, and their effect on them is damaging. For online criminals, scamming the elderly can bring easy monetary rewards.
One way to protect yourself from these malicious activities is to use the SLAM method of phishing detection. SLAM is an acronym that represents:
- Sender
- Links
- Attachment
- Message