By Alicia Harvey

Although technology yields many benefits for older adults, from staying connected with loved ones to accomplishing tasks online, it can also make them vulnerable to fraud or identity theft. Crime can affect people of all ages, but those 60 and older are frequent targets of cybercrime. This is because they often have “nest egg” retirement funds, are more trusting than other age groups, and are less likely to file reports due to embarrassment. People older than 60 have submitted fraud complaints with estimated losses of $650 million to over $36 billion a year.

Of course, avoiding the internet altogether is out of the question. But fortunately, there are many measures that seniors can take in order to stay safe online. Here is what you can do to protect yourself or your loved ones from cybercrime.

  1. Use strong passwords

    Not knowing how to guard your accounts and personal information can leave you vulnerable to attacks online. This is why, no matter the age group, it is important to protect yourself with strong passwords, as they are your first line of defense against hackers.

    When coming up with passwords, avoid using common combinations or personal information that can be easily guessed — such as birthdays or the names of loved ones. Instead, use complex combinations filled with upper and lower-case letters, special characters, and numbers. Make sure to vary passwords across different accounts as well. If you’re worried about remembering all of your passwords due to your age, you can use password managers like LastPass and 1Password. Password managers allow you to store passwords in secure encrypted databases to make it easier to remember your passwords. Also, do not forget to update your passwords at least yearly, if not more frequently.

  2. Download software updates

    Outdated software can leave your devices vulnerable to ransomware, which targets vulnerabilities as entry points for hackers. This is especially true for social media and messaging apps, which many seniors use to stay connected with their loved ones. In 2018, attackers even exploited a vulnerability in the Facebook code, affecting almost 50 million accounts. Thus, developers continuously update code for software and apps to keep them secure.

    Downloading software updates can install the latest security patches that fix these vulnerabilities in your operating systems and applications.

    Consider turning on automatic updates in your Play Store or Apple App Store account so your phone or other mobile devices get the latest updates frequently. Or make sure to manually apply the by checking the stores frequently for the updates. Your mobile devices as well as computers also have security updates that you will want to make sure are getting installed as well. They should give you alerts when this needs to happen but also keep an eye on the news for important updates. If you are unsure how to do this or have questions, you can always ask a friend or family member for help.

  3. Make yourself aware of phishing scams

    Phishing scams make use of fraudulent messages to trick you into divulging sensitive information and user data, such as credit card numbers or login credentials. If you are not careful, you can lose a lot of money. In a report from the American Journal of Public Health, data analysts estimate that about 5% of seniors — around 2 to 3 million people — are affected by some form of scam every year. However, this does not account for the large number of internet scams that remain unreported, making the real number probably much bigger.

    While there is no way to completely block phishing attempts, the best way to protect yourself is by being careful about who you respond to online. Make sure not to trust emails, messages, or calls that ask for sensitive information. Sensitive information includes passwords, account numbers, credit card information, and other personally identifiable information — such as your address, social security number, or government data. Be wary of giving out this information even if the request is coming from friends, as phishing scams can come from contacts whose devices or accounts have been infected. Considering giving the institution or the friend a call first to talk about the request but NEVER use the phone number in the suspicious email or text.  

    Also, avoid opening email attachments or click on links in emails especially, if they have been forwarded or come from someone you do not know. Keep in mind even an email that looks like it is from a friend or family member could have been compromised. So even from folks you do know, be cautious and only open attachments if you are expecting them.

  4. Be careful about what you post on social media

    Social media is one of the most commonly frequented platforms on the internet. As of April 2022, there are 4.65 billion social media users. However, social media is not the most secure when it comes to protecting your personal information.

    In order to keep your information safe, you should take the necessary precautions to prevent cyberattacks conducted through social media profiles. Be careful about what you post, as cybercriminals can skim through your profile in order to extract information that is frequently used in security questions, such as a pet’s name or your mother’s maiden name. To avoid these encounters, you should adjust your account settings to limit who can see your profiles to your friends only. You can do this on most social media accounts by accessing the security and privacy settings.

  5. Use secure Wi-Fi networks

    When setting up your own private network or connecting to networks in public, make sure that they are secure. This means that they have been protected with a password. You can input or change the password to your personal Wi-Fi network by accessing your router and finding your wireless security settings.

    When in public, avoid using public Wi-Fi networks that are unlocked without a password, as hackers have been known to set up fake networks to attract users. Once you log on, they can see everything you are doing online. So if you are in public, then it is best to ask staff within establishments first what their Wi-Fi network’s name and password are. If you absolutely need to connect to an unsecured network, then make sure you are not logging into any sensitive accounts or giving out sensitive personal information.

For seniors, the internet provides a wealth of resources that can help you connect with others, learn new things, and even take virtual vacations. By familiarizing yourself with the key steps to protect yourself from online scams, you can enjoy the internet and its benefits safely.

Need Help With Retirement Planning?

Ready To Learn More About UZRC?