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Child Fraud Is on the Rise: How to Protect Your Kids

Child Fraud Is on the Rise: How to Protect Your Kids

Image courtesy of TheStreet

Vanita Pandey, CMO and Head of Strategy at Arkose Labs and co-author of the children's book "ABCs of Fraud," warns that children are increasingly targeted by online fraudsters seeking to drain virtual gaming accounts, steal credentials or siphon funds from parent-linked accounts. Pandey notes that as more children maintain their own online accounts for school, entertainment and socialization — a trend accelerated by the pandemic — they become easier marks for attackers motivated by money. She advises parents to monitor their children's accounts closely and teach kids to recognize social engineering tactics from an early age.

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