Tag Archives: online fraud

Older Folks and Online Security

"Where do I slide the card through?"

Now, my 70-year-old mom happens to be one of the most computer-savvy people I know. But I actually knew a guy whose mom was worried that a virus in her PC could also make HER sick!

Older folks are catching up when it comes to the computer, but one thing they still aren’t sure about is the security of online shopping.

The survey found that 77% of consumers 55 and older say they worry about being a victim of online fraud. And 46% say they don’t feel secure that merchants are protecting their safety and security when shopping online. Internet Retailer

Their snot-nosed 18-25 year old kids and grandkids share these concerns, at a slightly lower rate: 62% worry about online fraud, and 27% think retailers aren’t doing enough about it.

The big difference seems to be what happens NEXT. The youngsters research a company more thoroughly, it seems. As a result, while older folks are more worried about fraud, they are also more likely to get ripped off: 46% have gotten scammed at some point, compared to only 35% of the younger folks.

So, caveat emptor*, y’all. And do your research! Do YOU worry about online fraud? Ever been scammed? Let us know!

* “Let the buyer beware.”