Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

How to protect seniors against online scams as we ramp up speed towards digital financial inclusion?

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The FBI says on its website that it estimates that seniors lose more than $3 billion each year to fraudsters. Scammers go after seniors because they believe older adults have a significant amount of money sitting in their accounts. 

At home, the Singapore Police Force last year flagged the top three common scams involving seniors aged 60 and above as phishing scams, social media scams and investment scams. 

Cybersecurity firm Kaspersky reported that almost one in three seniors in Southeast Asia experience anxiety when paying online.

How can we help the seniors among us?

In the Spotlight, Bharati Jagdish and Timothy Go speak with Sohini Rajola, Regional Head of Asia Pacific, Western Union to find out more.

 

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Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

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