How Can You Prevent From Being A Victim Of Fraud?

New AARP research shows fraud is a widespread and growing concern.  Nearly 40% of adults, or about 103 million people, have already experience fraud.  Almost 30% of adults say their biggest fear is being targeted themselves.

The AARP's Sean Voskuhl said criminals constantly change tactics, which is why staying informed is so important.

“The report finds nine in ten Americans agree fraud can happen to anyone," Voskuhl said.  "One in six adults say they answer calls or respond to texts from unknown contacts.  Roughly half download free apps and take online social media quizzes that can expose personal data.  Digital security gaps also persist, including password reuse, limited use of private virtual networks on public Wi-Fi, and low adoption of multifactor authentication.”

The Key Is Being Proactive

Voskuhl said there are some encouraging signs.

“85% of respondents report locking their devices with passwords or biometrics.  People also are using protective software like antivirus or call-blocking tools, enabling automatic updates, and recognizing fraud tactics like gift card payment demands. However, reporting gaps remain.”

Almost three-fourths of victims do contact their financial institutions, but far fewer contact law enforcement or the Federal Trade Commission, which limits broader efforts to stop offenders.

Continue To Take Steps To Keep Your Information Safe

Voskuhl added April is Fraud Prevention Month at AARP.

“AARP is mobilizing communities nationwide for Fraud Prevention Month. We’re leading free community events that include Community Shred Days, offering safe, onsite document shredding.  We’ll have educational workshops on the latest fraud tactics, and a special AARP Live Fraud Prevention broadcast and online stream."

To find local events or learn more about AARP Fraud Prevention Month, visit AARP's Website.

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