Why are elderly people more at risk of falling prey to online scams?

Why are elderly people more at risk of falling pray to online scams?
For our elders, keeping up with new scams as well as changes in technology is not always easy.
Bad actors know they are a vulnerable population and target them with highly sophisticated scams.
The best thing we can do to help is keep our elders informed of hacking trends, how to identify them and what to do if they believe a bad actor is targeting them.