Online fraud does not simply target the elderly. Instead, a large number of youth are caught in this loop. They also must deal with significant financial losses. Recently, the British Journal of Educational Studies published a research on this subject. The study found that a particular subset of young individuals are victims of this type of fraud cycle, specifically financial fraud. Hackers typically target young people who reside in low-income communities. The promise of financial gain via email phishing entices them. Those individuals have to face huge losses.
Another research published in the British Journal involved 170,000 pupils. They were all fifteen years old. It has been shown that persons who reside in low-income communities are among the victims of fraud. Living in low-income areas reduces their learning skills. This, according to researchers, is one of the causes.
Adolescents from 38 nations, including the US, UK, and Japan, participated in the study. Poor learning skills make cybercriminals vulnerable to cyber attacks and fraud.
What is said by the lead investigator?
Furthermore, education is a crucial component, according to Professor John Jerim. He feels that education at the school level is crucial for teenagers. Prioritizing studies to spread information about such techniques can help deal with the circumstances. This is John Jerim’s opinion.
Professor Gerrym of University College London in England claims that a large proportion of youngsters in many countries are socioeconomically disadvantaged. In essence, those adolescents are the victims of this cyber-hacking scenario. Occasionally, it happens without your notice, and occasionally it becomes caught in the web of temptation.
This news is a creative derivative product from articles published in famous peer-reviewed journals and Govt reports:
1. Ibrahim UM. The Impact of Cybercrime on the Nigerian Economy and banking system. NDIC Quarterly. 2019;34(12):1-20.
2. Singh S, Shah SN. Impact of cybercrime on children & adolescents. InAbout the conference 2022 (p. 127).
3. Renu P. Impact of cybercrime: Issues and challenges. International Journal of Trend in Scientific Research and Development. 2019;3(3):1569-72.
4. Charlton E. 2023 was a big year for cybercrime – here’s how we can make our systems safer. World Economic Forum. 2024 [cited 2024 Apr 12]. Available from: https://www.weforum.org/agenda/2024/01/cybersecurity-cybercrime-system-safety/