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Generational Fraud Divide Emerges as Deepfakes Target Youth While Seniors Face Impersonation

DEV Community·Codego Group·17 days ago
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The landscape of financial fraud in America has evolved into a tale of two distinct battlegrounds, with criminal tactics now sharply divided along generational lines. A comprehensive new survey from Abrigo , a leading provider of compliance, credit risk, lending, and data analytics solutions for U.S. financial institutions, reveals that fraudsters have adapted their methods to exploit the unique vulnerabilities and technological habits of different age groups. The research exposes a troubling bifurcation in the fraud ecosystem: younger Americans find themselves increasingly targeted by sophisticated deepfake scams that leverage artificial intelligence to create convincing fake videos and audio recordings, while older demographics face a persistent barrage of traditional impersonation fraud schemes.…

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