Identity theft threatens people of all ages. Aging adults have a higher risk. They often don’t grasp the danger of sharing their personal information. Here are a few things to teach your parents that might keep them safer.
Why Do Thieves Prey on Aging Adults?
Aging adults make easy marks. They are more vulnerable. Often trusting and friendly, they can fall for the tricks of identity thieves. For example, an older adult who lives alone might get lonely. He or she turns to the wrong source for companionship. Or, mental decline may cause the person to be confused.
Preventing Identity Theft
Share these tips with your parents to help them avoid common problems:

  • Don’t Trust Strangers on the Phone: Help your parents understand that they shouldn’t trust strangers on the phone. This is especially true if the person is requesting information or money. A good policy is to “simply hang up.”
  • Invest in a Cross-Cut Shredder: Install a cross-cut shredder in the house so that your parents can properly dispose of credit card solicitations, sensitive information, mail, and old bank statements.
  • Protect Credit Card Numbers: Limit their number of credit cards. Help them understand appropriate times to use a card.
  • Digital Protection: Aging adults are increasing their use of the internet for social media and shopping. Install software that prevents and detects keyloggers, malware, and other security threats.

Talk to your parents frequently about these issues. Also, assure them that you are only a conversation away if they have any questions relating to their personal security.
Are you interested in learning more about preventing financial abuse? Talk to our team if you have questions. Email or phone 858-480-7551. Senior Safe and Sound.