First Midwest BankFirst Midwest Bank logoArrow DownIcon of an arrow pointing downwardsArrow LeftIcon of an arrow pointing to the leftArrow RightIcon of an arrow pointing to the rightArrow UpIcon of an arrow pointing upwardsBank IconIcon of a bank buildingCheck IconIcon of a bank checkCheckmark IconIcon of a checkmarkCredit-Card IconIcon of a credit-cardFunds IconIcon of hands holding a bag of moneyAlert IconIcon of an exclaimation markIdea IconIcon of a bright light bulbKey IconIcon of a keyLock IconIcon of a padlockMail IconIcon of an envelopeMobile Banking IconIcon of a mobile phone with a dollar sign in a speech bubbleMoney in Home IconIcon of a dollar sign inside of a housePhone IconIcon of a phone handsetPlanning IconIcon of a compassReload IconIcon of two arrows pointing head to tail in a circleSearch IconIcon of a magnifying glassFacebook IconIcon of the Facebook logoLinkedIn IconIcon of the LinkedIn LogoXX Symbol, typically used to close a menu
FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Suggested Search Terms

    Suggested Search Terms

      Senior mature older woman watching business training, online webinar on laptop computer remote working or social distance learning from home. 60s businesswoman video conference calling in virtual chat
      Get Insights

      Get monthly ideas delivered right to your inbox.

      Subscribe for Insights

      For Your Life March 2, 2026

      Protecting Seniors from Financial Fraud

      By Kevin Novak, Chief Information Security Officer at Old National Bank

      Older adults are increasingly targeted by financial fraudsters. Whether through phone scams, fake tech support, texts or deceptive emails, seniors are often seen as easy targets.

      At Old National, we believe protecting seniors is a community responsibility. Here are practical steps to safeguard seniors from financial fraud:

      1. Recognize the Most Common Scams

      1. Use Trusted Contacts and Financial Oversight

        • Set up online account alerts
        • Establish a financial power of attorney with someone you trust 100%
        • Review statements together if you have multiple accounts

      1. Encourage Safe Technology Practices

        • Install anti-virus/anti-malware software
        • Use long passwords (at least 16 characters)
        • Enable multi-factor authentication (MFA)
        • Avoid pop-ups and unknown links

      1. Attend Fraud Prevention Workshops

      1. Know What to Do if Fraud Occurs

        • Recognize that you are not alone, alert the people you trust
        • Contact your bank
        • Report to the FTC
        • File a police report
        • Use identity theft resolution services

      Final Thoughts

      Financial fraud targeting seniors is a growing concern — but it’s one we can fight together. At Old National, we offer tools and support to help protect older adults.

       

       

      Subscribe for Insights

      Subscribe