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Millennials More Likely To Fall For Scams Than Baby Boomers (washingtonexaminer.com)

A new report from the Better Business Bureau suggests that millennials are now more likely to fall victim to a scam than Baby Boomers. Washington Examiner reports: The Better Business Bureau reports that 69 percent of scam victims are under the age of 45. Young adults heading off to college are especially gullible, the group says. "College students can be easy targets for scammers and identity thieves. They are old enough to have money, young enough to be vulnerable and are likely unsupervised as many are away from home for the first time," writes Heather Massey of the Better Business Bureau. Phishing scams now target cell phones as well as email and social media.

"Millennials spend a lot of time on Facebook or other social media sites, where they can target them with these messages," said Jim Hegarty, Better Business Bureau president and CEO. College students also use sensitive information frequently, like student IDs, Social Security numbers, and banking information.

5 of 293 comments (clear)

  1. Re:Sheltered by jwhyche · · Score: 5, Insightful

    This is something that I have also observed with a lot of millennials. Most of them have the works they way they think it should, and now how it actually works. In the ideal millennial world you should be able to walk down the street naked at 2 am. They just don't take in to account there are fucking evil people out there that will happily take advantage of them.

    It is not that millennials are stupid, it just they are not getting the same life experiences any more that most of us non-milennials got.

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  2. WTF?!?!? by sootman · · Score: 5, Insightful

    Seriously? Comparing millennials (born mid-80s to early-90s, currently around 20-30 years old) to boomers (born mid-40s to ~1960, currently in their 60s and 70s)? They're more likely to fall for scams BECAUSE THEY'RE YOUNGER AND HAVE LESS EXPERIENCE. There may be more vectors for them to be scammed these days, but I don't think they're any more or less gullible than boomers were *at that same age*.

    Also, didn't slashdot used to warn us about (or better yet, not link to) sites with autoplaying video?

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  3. Older is wiser? I'm shocked! by Tony+Isaac · · Score: 5, Insightful

    So the school of hard knocks teaches life skills? Wow!

    When Baby Boomers were young, they were stupid too.

  4. Re:Sheltered by Actually,+I+do+RTFA · · Score: 5, Insightful

    You should be able to leave your apartment unlocked/walk down the street naked and not have an issue. You of course won't. But that doesn't excuse the actual people who take advantage of them.

    And, year-by-year, we get closer to that ideal world. So, you know, it's improving.

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  5. Re:A trusting bunch by Anonymous Coward · · Score: 5, Insightful

    Of course, there was the recent /. article about the younger generation thinking socialism was a good idea so the millennials could genuinely be naive, gullible fools.

    It is more likely that their idea of what socialism is is way different from your idea of it.
    Many socialist proponents look and the Scandinavian countries as a template while you probably look at Maoism or something similar.
    Now you probably think "what they have in Scandinavia isn't socialism" but that is just you have to remember that according to the American conservatives anyone who wants to fund schools or healthcare is a socialist.

    If you make sure to use the same definition of socialism all the time you will either find that you have plenty of examples of where socialism works better than the current US system or you will find that there aren't actually a lot of people supporting socialism.
    If you change definition depending on your agenda, well of course things will look inconsistent.