The digital world is constantly evolving. Unfortunately, the reality is that not everyone can keep up. While you may confidently spot a phishing email in your inbox, the same can’t be said for many older adults. In this day and age, it has become necessary to take proactive steps to protect a vulnerable population from digital financial scams.
Recognizing common tactics
Common scams targeting older adults include phishing emails, fake tech support calls and fraudulent investment schemes. They often pretend to be real companies to trick older adults into giving up personal information. Scammers often use psychological manipulation to gain the trust of their victims. Ask your elderly loved one to be cautious of unsolicited emails, calls or messages that create a sense of urgency or fear. These tactics are meant to prompt hasty decisions.
Implementing protective measures
You can empower your loved ones to protect themselves by educating them on digital security. Explain the concepts of digital privacy to them in a way they would understand. You may also set up additional precautions for them by:
- Monitoring online activities: Make it a point to keep an eye on your loved one’s online activities and discuss safe internet habits.
- Using strong passwords: Ensure they use strong, unique passwords for all accounts and consider using password managers.
- Enabling two-factor authentication: This adds extra security, making it harder for unauthorized people to access their devices.
- Being cautious of public Wi-Fi: Remind them to avoid using public Wi-Fi for sensitive transactions, as these networks may be unsecured.
- Staying up-to-date: Help them keep their devices safe by regularly updating operating systems, internet browsers and antivirus software.
Above all, foster open and honest communication with your loved ones about potential scams. Encourage them to ask questions. Allow them to seek your input before sharing personal information or making financial decisions online.
Providing support
Elderly loved ones also need protection from the digital world. Keeping them safe from online scams requires vigilance and constant communication. By staying informed and taking proactive measures, you can create a safety net around them. If you’re concerned about a potential scam or need guidance on protecting your loved one’s assets, consider consulting with a legal professional who may help preserve their financial well-being.