Big Tech can stop scams. They just don’t #malwarebytes #podcast #lockandcode #cybersecurity

A dreadful thing happens far too often whenever an older adult falls for a scam: They get blamed for it. Not the scammers who lied and cheated their victim out of money. Not law enforcement for failing to recover funds. Not even the Big Tech companies that could have the most important role in protecting people online—and which, it turns out, knowingly bring in revenue every year from fraud. Instead, it is the older adults themselves whose stories are often shirked aside because of a mix of ageism and denial. Allegedly left behind by technology, only an octogenarian would hand their password over in a phishing scheme, or open an email attachment from a stranger, or send money to a fake charity online. Everyone else, everyone else believes, is too savvy for the same. The data disagrees. When Malwarebytes studied this last year, it found that, depending on the type of scam—especially for things like “sextortion”—younger individuals were far more likely to report falling victim. Further, digging into data from the US Federal Trade Commission revealed entirely separate patterns. For example, while Americans between the ages of 80 and 89 reported the highest median loss due to fraud in 2024, they also made up the smallest share of their population to report a loss at all. And in 2025, that same group represented the smallest share of reported identity theft, a crime far more likely to be reported by people between 30 and 39. Today, on the Lock and Code podcast with host David Ruiz, we speak with DeLiema about who is really susceptible to financial fraud, why victims often describe a scam as a form of betrayal trauma, and why the companies best positioned to stop scam messages from reaching consumers may be the ones least motivated to do so. Show notes and credits: Intro Music: “Spellbound” by Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 4.0 License http://creativecommons.org/licenses/b... Outro Music: “Good God” by Wowa (unminus.com) Listen up—Malwarebytes doesn’t just talk cybersecurity, we provide it. Protect yourself from online attacks that threaten your identity, your files, your system, and your financial well-being with our exclusive offer for Malwarebytes Premium Security for Lock and Code listeners: https://www.malwarebytes.com/landing-...