Elder fraud is rising: how to protect your family

Elder fraud has become a growing issue in the United States, targeting a vulnerable population that often lacks the technological knowledge to recognize scams. According to an analysis by Incogni based on FBI data, 72% of elder fraud cases in 2024 were enabled by the exposure of personal data online, resulting in losses amounting to $4.2 billion.

## Why it matters This rise in fraud not only represents a significant economic loss for the individuals affected but also highlights the urgent need to educate seniors about the risks associated with technology use. The vulnerability of this demographic is a call to action for families and communities to implement protective measures.

## What we know Statistics show that elder fraud is on the rise due to the online exposure of personal information, which makes it easier for scammers to access sensitive data. The economic losses are alarming and reflect a worrying trend that could continue if adequate measures are not taken.

## What’s still unclear It has not yet been confirmed what specific measures are being implemented to protect seniors from these frauds. Additionally, there is no clarity on the best practices families can adopt to educate and protect their loved ones from these risks.