Executive Vice President for the retail banking division at National Commercial Bank (NCB) Sheree Martin has revealed that 60% of customers who fall victim to cyber fraud are between 18 and 34 years old.

Speaking at a cyber security forum on Tuesday morning, Ms. Martin noted that cyber-crime is at an all-time high, making online protection more critical than ever.

She said data collected by NCB on its customers showed an increase in phishing, smishing, and account rentals.

Ms. Martin said surprisingly a high percentage of younger customers are falling prey to these scams.

She said cyber-criminals are constantly finding innovative ways to exploit vulnerabilities, especially during the holiday season.

The executive added that NCB made investments of over 30 million dollars in the last financial year to empower customers and stakeholders to make informed decisions to protect their finances.