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“While digital businesses are working hard to better provide for new and existing customers, they must identify and mitigate potential risks moment by moment in order to protect consumers from becoming victims of fraud,” said Rebekah Moody, of LexisNexis. (Credit: Anthony Freda) “While digital businesses are working hard to better provide for new and existing customers, they must identify and mitigate potential risks moment by moment in order to protect consumers from becoming victims of fraud,” said Rebekah Moody, of LexisNexis. (Credit: Anthony Freda)

The consumers that adopted new digital tools for convenience and safety during the pandemic are also the weakest links when it comes to cyberattacks, according to LexisNexis Risk Solutions, which reported consumers 25 and younger as well as adults older than 75 years are the most susceptible to fraud attacks.

This is because the former group has seen 10% growth in terms of new online customers, while the Silent Generation is less familiar with technology. Additionally, millennial consumers have a more laissez-faire attitude toward sharing data online, exposing them to increased risk, according to LexisNexis.

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Steve Hallo

Steve Hallo is an assistant editor with PC360 Group. Prior to his current position, Steve spent nearly a decade covering retail transformation, consumer trends, manufacturing issues and supply chain challenges impacting global CPG markets. He can be reached at [email protected], and on LinkedIn and Twitter.  

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