GREENSBORO, N.C. — The new Consumer Reports Cyber Readiness Report finds text scam attempts are up by 50%. The fastest growing demographic? Gen Z'ers.

"Scammers are trying to rip off young adults. And those 18-29 year olds are falling for scams at record levels," said Yael Grauer, Consumer Reports.

Why are scammers targeting Gen-Z with text scams?

#1 They text a lot. It's the primary form of communication for Gen-Z.

#2 They have instant access to money on their phones. Gen-Z uses Payment Apps like CashApp, Venmo, and Zelle, which usually don't offer the same kind of protections that a check or a credit card does.

"Credit cards are safer than many other payment methods because you have the right to request a chargeback for fraudulent transactions. Consumers who do not use credit card

See Full Page