Fraud Risk: GFT: Younger Adults Most Vulnerable to Fraud; While Fraudsters Target Over 55s for Over £900 Each

02 Dec 2023 10:58 PM | Anonymous member (Administrator)

Despite the general assumption that older banking customers are more at risk of falling victim to fraud, GFT‘s latest ‘Banking Disruption Index’ has revealed that almost half (48 per cent) of 25 to 34-year-olds have, or know someone who has, been a victim of financial fraud, with fraudsters taking £570 from people on average.

https://thefintechtimes.com/gft-younger-adults-most-vulnerable-to-fraud-while-fraudsters-target-over-55s-for-over-900-each/

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