Kiwis have been duped out of $10 million dollars by online scammers in 2017, according to Netsafe.
Netsafe CEO Martin Cocker joins Wendyl Nissen on The Long Lunch to discuss how elderly people may fall victim to such scams.
The truth is there is a scam for everybody.
NetSafe has released its reported data for 2017 scams, with the largest single loss being $480,000, and the average loss being $11,000.
Mr Cocker warns that public information on social media sites can be used by scammers to make scams seem more legitimate.
“They are using information which is available to them to make more and more targeted ads to particular individuals.”
Elderly people may be more vulnerable if they use websites or processes that they are unfamiliar with, explains Mr Crocker.
Listen to the full interview with Martin Cocker above.
Afternoon Talk with Wendyl Nissen, 12pm - 3pm on RadioLIVE and streaming live to the rova app on Android and iPhone.