"Gen Z and Millennials Are More Likely to Fall for Online Scams, Despite Being More Digitally Connected"
According to cybersecurity experts at RMIT University, young people are more vulnerable to online scams than other generations. The ACCC 2022 Targeting Scams report suggests that young people are more susceptible to online scams despite being more Internet savvy. Young people have been found to be more vulnerable to employment scams on social media, their primary source of information. Many young adults attempt to make ends meet or save money by securing additional income through task-based, work-from-home jobs, such as data entry or content creation. Younger people are also more susceptible to online scams because they are more likely to experiment with unfamiliar technologies. Today's threat actors are technologically sophisticated and adept at social engineering, constantly refining their approaches to exploit psychological vulnerabilities across age groups. This article continues to discuss RMIT experts' insights on the rise of online scams and why young people are more vulnerable to them than other generations.
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