Cybersecurity & Fraud Awareness
I was delighted to address the Angelo State University Cybersecurity & Fraud Awareness event this morning. This topic holds significant relevance for many of us, particularly in Texas, which ranks as the third-highest targeted state for scams. In 2022 alone, there were over 800,000 reported cases of financial fraud, resulting in a staggering 10.3 billion dollars in losses for our state.
Regardless of age, anyone can fall victim to cybercrime, and these perpetrators employ cunning tactics, often resorting to reprehensible and deeply personal methods to steal and inflict harm. While seniors bore the brunt of financial losses (exceeding $3.1 billion in 2022), cybercriminals have increasingly shifted their focus toward younger demographics, including children, teens, and young adults.
As social media and the digital landscape continue to play integral roles in the lives of many Americans, we all must remain vigilant in safeguarding against cyber threats. I commend Angelo State for orchestrating this event to heighten awareness surrounding this crucial issue.