Quiz launched to help Millennials and Gen Z spot scams as research shows rising vulnerability
A new quiz aims to help people, especially Millennials and Gen Z, identify scams. Research shows that those under 27 are particularly vulnerable, with one in five admitting to falling for phishing scams. Millennials report losing an average of £150 to scams, while Gen Z loses around £141. Many feel embarrassed after being scammed, despite efforts to stay vigilant online. Scam attempts have increased, especially online, with many impersonating banks or government officials. Experts advise caution, emphasizing the importance of verifying communications and trusting one's instincts to avoid falling victim to scams.