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Opinion: How Millennials Are Learning Fraud Techniques Online

Some Millennials are using their advanced technical skills to commit criminal acts. So what can insurers do about it?

By Michael Orchard | Updated on November 07, 2013

The uprising of young people in movements such as Occupy or the promotion of antisocial behavior by online groups such as Anonymous may be contributing to a culture that some Millennials call a “new paradigm.” Acts of civil disobedience against the financial industry and corporations are part of the agenda, and insurance companies are not exempt from these actions.

The term “Millennials” was coined by William Strause and Neil Howe, authors of the book “Millennials Rising: The Next Great Generation.” Young people are no more corrupt than baby boomers, but the younger generation has far more advanced technical skills than the greying population and some are using those talents to commit criminal acts.

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