73% of U.S. households are concerned about cyberbullying, but many parents don't realize that social media is a primary tool for cyberbullying targeting children on platforms like YouTube, Snapchat, TikTok, and Facebook.
Cyberbullied children are more susceptible to fraud, as they tend to hide online activities from parents, making them easier targets for scams that rely on manipulative schemes.
Children's social media accounts being compromised can lead to scams targeting other family members. Posting location details online can increase physical risks and aid cybercriminals in creating profiles to deceive children and their connections.
Scams involving fraudulent peer-to-peer payments are on the rise, affecting households when criminals exploit children to access their parent's accounts. Parents are advised to sign up for security alerts and family-wide identity protection to detect and prevent cyber threats.