Earlier this year, my mom received a call from who she assumed to be her bank. The caller told her that her account information had been hacked online, and to prevent against fraud, she should provide them with all her bank account numbers, usernames, and passwords, across all accounts. She was getting ready to provide these scammers with all her financial information, when I happened to call her. She told the scammers she would call them back, and she accepted the call from me and told me what was going on. Luckily enough, I had called at just the right time, and her accounts remained safe.
The FBI estimated that, in 2020, seniors lost $1 billion in cybercrimes, and that’s only the crimes that were reported. The true number could be even higher. As more and more becomes accessible through the Internet, keeping your parents offline just isn’t an option— the only option is equipping them with the tools to remain safe from those who deliberately target them. I want to create a platform that helps seniors stay safe online. The platform would include educational components and trainings, as well as web monitoring alerts that sync with their various accounts: financial, social, etc. They can assign loved ones as contacts to help monitor those accounts, and when there is suspicious activity, both seniors and their loved ones are flagged.
I see the target market being the loved ones of seniors, and the market opportunity being $1 billion and growing each year. As the population continues to age and technological changes grow increasingly, so will those who try to profit off of those changes.
I am looking for feedback on this idea as well as for potential partners. Do you want to join me in helping make a safe Internet for all?