Gen Z falls for online scams more than their boomer grandparents do. The generation that grew up with the internet isn’t invulnerable to becoming the victim of online hackers and scammers.::undefined
The cost of falling for those scams may also be surging for younger people: Social Catfish’s 2023 report on online scams found that online scam victims under 20 years old lost an estimated $8.2 million in 2017. In 2022, they lost $210 million.
Teenagers are bad at risk assessment…
This shouldn’t shock anyone, but it makes boomers feel good about themselves and their lead addled brains can’t handle the critical thinking to understand why this isn’t the win they think it’s is…
True. As a kid I’d fall for scams all the time, constantly downloading malware that would crash the family computer.
No way it went up 20x in 5yrs? There must be something weird with the data
Time online would naturally increase, but more importantly the pandemic would exacerbate that while also increasing the amount of people resorting to scamming.
There’s multiple parts to the equation, called confounding variables.
Honestly a lot actually has changed in that time.
So much info has leaked that it’s a lot easier to phish users than ever. There are dumps of usernames and passwords, so you can know several websites they use as starting points for fraud.
Password reuse and credentials stuffing are also common now, which means if teens reuse passwords you can get into manu of their accounts.
