Fraud Impact & Statistics - The Federal Trade Commission estimates fraud costs for older adults exceed $60 billion [4] - This translates to over $117,000 per minute lost to fraud [4] - The FBI estimates digital fraud costs exceed $3.4 billion [4] Vulnerability of Older Adults - Older adults are susceptible to digital scams, leading to loss of money, personal information, confidence, trust, and dignity [1][2][5][6] - They often lack the cybersecurity training provided to younger generations and modern workplaces [7][8] - The rapid evolution of technology, including AI, creates new threats that older adults may not be equipped to handle [7] Proposed Solutions & Recommendations - Industry should focus on empowering older adults through education, support, and accessible training [11][12] - AI can be leveraged to create personalized learning systems and simplify complex terminology for older adults [12][13] - Building digital bridges and fostering a sense of community can help older adults thrive in the digital world [12][13][14] Call to Action - Industry should prioritize creating a safer, kinder, and more empowering digital environment for older adults [16][17] - A digital revolution should focus on inclusion, ensuring no one is left behind in the digital age [16]