Cyber-Enabled Financial Abuse of Older Americans: A Public Policy Problem release_5mq5iogs4bddhgxwf4tfcwh3da

by Christine Lyons, Maryland Shared Open Access Repository, Maryland Shared Open Access Repository, Heather Wyatt-Nichol

Published by Maryland Shared Open Access Repository.

2020  

Abstract

Global cybercrime and cyber-enabled crime costs more than $400 billion annually with an estimated cost to the US of over $120 billion dollars annually. With the spread of cyber-enabled crime, a troubling trend has evolved in which the victim is unknowingly complicit in the offence. These incidents have arisen as an evolving public policy challenge at all levels of government, including municipal, county, state, federal, and global. This dissertation examines the social, economic, and policy characteristics of cyber-enabled elder financial abuse. Elder financial abuse perpetrated over the Internet straddles two challenging areas of public policy: cybercrime and elder abuse. In the context of cyber-enabled crime, this study first explains the mechanisms whereby individuals fall prey to abuse and second; conducts an older American cyber-safety needs assessment, which collects information to identify the extent to which regulatory policies either mitigate or contribute to the financial abuse of older citizens.
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Date   2020-02-11
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