Cybelderly was developed with the aim of providing cyber security awareness to elderly people who are often targeted in cyber attacks. According to the recent FBI Internet Crime Report, nearly one in five Americans aged 65 or older are a victim of financial scams or identity theft with financial losses estimated at $3.1 billion.
In 2020, when the pandemic was at its full force, our grandma or ‘Nani’ as we call her, was a victim of a cyber fraud. She lost a lot of her money. This incident created significant fear in the minds of our grandparents. We often heard them counsel their friends to be extremely cautious about cyber fraud and phishing schemes. They both refused to keep a credit card or debit card due to their fear of getting hacked and often did not respond to legit emails because they thought these were scams.
In this digital world, it is impossible to operate without a credit/debit card, not respond to emails or access mobile apps. Being very close to our grandparents we could see their helplessness and soon realized that this was a broader issue that needs to be addressed.
Our youth is being educated about cyber security at schools and universities, but there are no education avenues for the elderly. We took it upon ourselves to educate our grandparents and in doing so came up with the idea of Cybelderly.
Our mission is to educate elders on cyber security, so that they can become informed digital consumers who operate without fear in this digital economy.