No matter your age, there is plenty of money lost to scammers every year. According to insights from fraud prevention firm SEON, being digital-first doesn’t make you immune to online scams. People younger than 20 had the biggest year-over-year increase in fraud reports between 2019 and 2020, with collective losses totaling about $70.98 million. On the other hand, older victims had much more financial assets to lose, with Americans over the age of 60 reporting $966 million in losses. Indeed, online scams are continuing to grow and evolve in sophistication.…
Read MoreTag: cyber crime
How to Protect Your Gadgets from Cyber Crime
Nowadays, there seems to be newer and shinier gadgets released everyday. This relentless growth has also begun shifting the focus to other factors that are more important than a new iPhone release coming in a different colorway or having groundbreaking photographic specs. The issue of cybersecurity is one aspect that has long been overlooked and undervalued, as a report from Juniper Research found that over 146 billion digital records will be stolen in the next five years, many of which will be taken from everyday gadgets. But as manufacturers continue…
Read More