Session
Alice & Bob Lose Their Life Savings
Title: Alice & Bob Lose Their Life Savings
Type: 20 Minute Talk
One day Alice received a call from someone claiming to be Microsoft tech support. She was told that her computer was hacked and that the hackers had control of her financial accounts. To gain access to her accounts she would need to transfer the money to a new, account created by the FTC. This story ends with Alice placing $300K of gold bullion on the backseat of a car while she was within arm’s reach of the money mule.
Sadly, this isn't an isolated incident. Each year, seniors in the U.S. lose over $3 billion to fraud, with scammers preying on their trust and vulnerability. In this talk, we'll explore how these scams operate, why seniors are targeted, and the psychological tactics fraudsters use to coerce their victims.
**Key Takeaways:**
* Understand the most common tactics used in tech support and imposter scams targeting seniors.
* Learn practical steps to protect the seniors in your life from falling victim to these schemes.
* Discover effective strategies for helping victims recover and reporting fraud when it happens.
* A call to action on how we, as a community, can better serve and protect our elders.
Chad Butler
Founder, Mission InfoSec
Gilbert, Arizona, United States
Links
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