My mother, 89, keeps getting her credit card scammed. She gets a new one — and it happens again. What’s going on? - MarketWatch
1. The elderly are increasingly targeted by financial scams, impacting their credit security. 2. AXP is mentioned as a victim of scam vulnerability, highlighting consumer protection issues. 3. Experts suggest canceling credit cards for seniors prone to scams to minimize risk. 4. Financial abuse statistics show 10% of seniors may face exploitation annually. 5. Two-factor authentication is crucial for safeguarding elderly bank accounts.