Does Customer Age Matter for Fraud Prevention?
Retail TouchPoints
DECEMBER 30, 2021
Federal data indicates that impostor scams and ecommerce fraud topped the list. Account takeover fraud, which is driven by impostor scams, increased by 50%, with no signs of slowing down in 2021. Millennials, aged 25 to 40, are much more likely than older generations to suffer eCommerce fraud and business/government impostor scams.
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