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Why are elderly individuals particularly vulnerable to identity theft because they may not?

According to the FBI, financial losses from fraud targeting those aged 60 and older reached billions of dollars in recent years. This alarming statistic highlights the fact that elderly individuals are particularly vulnerable to identity theft because they may not possess the same digital literacy, awareness of modern scams, or support systems as younger generations. This guide explores the multifaceted reasons behind this susceptibility and offers critical insights for protection.