There s a common perception that the elderly are more vulnerable to digital fraud, but data shows that 60% of all cyber fraud victims during the festive season are between the ages of 22 and 50
Additionally, 44 per cent of those shopping through e-commerce festive sales this year are planning to spend more than last year. However, there has been a 3 per cent decrease in overall household spending for this month compared to the previous month, states the report.