The popularity of online banking has rendered millennials (18to34’s) as the generation most vulnerable to bank fraud according to a report from Lloyds Bank. On the other hand, those from the older generation aged 55 and over lose the most amount of cash. ASIC has revealed a “strategic change program” in an effort to curb bank outages, online fraud and data breaches.
https://bestinau.com.au/millennials-are-most-vulnerable-to-bank-fraud-report-reveals/
