Older adults lost billions to scammers last year

6 mins read

Phone scams are not a nuisance anymore, they are an industry. Last year older adults lost billions of dollars to fraud that arrived over a phone call: fake bank agents, bogus support lines, urgent voices demanding a verification code right now. The tactics keep getting better, and the people targeted are often the least equipped to spot them in the moment. Technology helped create this problem. It can also help stop it.

Why phone scams work

Scam calls succeed by manufacturing urgency and trust: a caller who claims to be from your bank, a warning that your account is compromised, a demand to act before you can think. In the heat of the call it is genuinely hard to tell a real institution from a convincing impersonation, and by the time doubt sets in, the code or the payment is already gone.

Detection that works in real time

NAIL listens for the patterns of a scam as the call happens, warns you before you share personal information or a verification code, and can disconnect the call outright. It works in the moment that matters, not in a report you read afterward. Crucially, scam detection runs entirely on-device, so protecting the call never means uploading it.

Finance

Finance

AI for smart tracking

AI for smart tracking

Download for free today

Download for free today

Protection without surveillance

Keeping people safe should not require handing their calls to a company to monitor. NAIL’s basic protection runs offline by design, and its advanced features run inside secure enclaves that keep data encrypted even in use. Older adults, and everyone else, get a real defense against fraud without trading away their privacy to get it.

Confidential inference costs more and blocks companies from training on your data.

Protect your privacy - no one else will.

Confidential inference costs more and blocks companies from training on your data.

Protect your privacy - no one else will.

Confidential inference costs more and blocks companies from training on your data.

Protect your privacy - no one else will.

© 2026

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© 2026

Instagram

TikTok

LinkedIn

© 2026

Instagram

TikTok

LinkedIn