A recent study conducted by the AARP showed the characteristics typical of a victim of online fraud, and it turns out that one’s emotional state plays a large role in whether or not your are vulnerable to these attacks. The report showed that feelings of isolation, the loss of employment, negative financial situations, and concerns about debt are the most common feelings among people that have fallen victim to these scams. In addition to the feelings that facilitate online fraud, typical behaviors were also recorded in the study. Some of the most “popular” behaviors that led to people being scammed included clicking on pop-up ads, downloading apps, frequently inputting credit card information online, and being impulsive, among others. The key takeaway from this information is that victims are most likely to be trusting individuals that are willing to roll the dice. Fortunately, this doesn’t last long after the first scam is successful. The problem with these numbers is that they are only reporting the scammed parties that come forward. Unfortunately, online fraud is rarely reported and brings with it a stigma of unintelligence and untrustworthiness. It is easy to say that a scam should’ve been spotted a mile away. But if we refuse to acknowledge the skill and prowess of these online fraud perpetrators, we are only setting more people up for disappoint down the line. Particularly because these scammers know what they’re doing. Unfortunately, the existence of online fraud will only grow deeper and more complicated as technology marches up the mountain. Whether it will be Nigerian prince holograms or virtual reality Ponzi schemes, the key to protecting yourself and your loved ones is to keep your cool and communicate. Making sure your finances are secure is important in every walk of life and the internet should be no different. Additionally, opening up about the “weird guy that keeps asking about your birth date on Facebook” will make it more and more difficult for scammers to get what they are looking for. After all, everyone has an embarrassing tale of online fraud and no one should feel bad about their story.
