How Older Americans Lost 3,000 on Average to Cyber Scams – FBI Report

Listen to this Post

Featured Image
Cybercriminals increasingly target older Americans, exploiting declining financial literacy and digital awareness. According to the FBI’s Internet Crime Report 2024, victims aged 60+ lost $4.885 billion in 2024, averaging $83,000 per victim—a 46% increase from 2023.

Top Scams Affecting Seniors:

  1. Phishing/Spoofing – Fake emails/websites trick users into revealing sensitive data.
  2. Tech Support Scams – Fraudsters pose as tech support to steal money/credentials.

3. Extortion/Sextortion – Blackmail using fabricated evidence.

  1. Personal Data Breaches – Stolen credentials sold on dark web markets.
  2. Investment Scams – Fake crypto or stock schemes promising high returns.

🔗 Source: FBI Internet Crime Report 2024

You Should Know: How to Detect & Prevent Cyber Scams

1. Detect Phishing Emails

Use Linux command-line tools to analyze suspicious emails:

grep -E "http://|https://" suspicious_email.txt | cut -d '"' -f 2 

This extracts URLs from an email file.

2. Verify Legitimate Tech Support

Check if a support call is real using Windows CMD:

whois microsoft.com 

Fraudsters often impersonate Microsoft.

3. Block Malicious Domains

Add scam domains to your hosts file (Linux/Windows):

echo "0.0.0.0 scam-site.com" | sudo tee -a /etc/hosts 

4. Check for Data Breaches

Use Have I Been Pwned API via cURL:

curl -s "https://haveibeenpwned.com/api/v3/breachedaccount/[email protected]" -H "hibp-api-key: YOUR_API_KEY" 

5. Secure Financial Transactions

Monitor bank transactions with Python:

import requests 
response = requests.get("https://your-bank-api.com/transactions", headers={"Authorization": "Bearer YOUR_TOKEN"}) 
print(response.json()) 

6. Detect Fake Investment Scams

Check crypto wallet legitimacy with Blockchain Explorer:

curl https://blockchain.info/rawaddr/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa 

What Undercode Say

Cybercriminals prey on trust and isolation. Key takeaways:

  • Never share OTPs or passwords via call/email.
  • Use 2FA (Google Authenticator, Authy).
  • Educate seniors on basic cybersecurity hygiene.
  • Monitor bank accounts for unusual activity.

Expected Output:

A secure senior who:

✅ Recognizes phishing attempts

✅ Verifies tech support legitimacy

✅ Avoids fake investment schemes

✅ Uses cybersecurity tools proactively

Stay vigilant—scams evolve, but awareness defeats them. 🚨

🔗 Further Reading:

Prediction:

As AI deepfake scams rise, voice/video impersonation attacks will target seniors even more aggressively in 2025.

References:

Reported By: Bobcarver Cybersecurity – Hackers Feeds
Extra Hub: Undercode MoN
Basic Verification: Pass ✅

Join Our Cyber World:

💬 Whatsapp | 💬 Telegram