The ONE thing that Boomers can learn from Millennials and Gen Z — and it’s not what you think…

Boomers need to wise up and admit they can learn something important from Millennials and Gen Z. Younger generations are more tech savvy and know how to spot cyrbercrime.

Here’s how to beat them. If you receive a fraud alert, note from a service provider or anything else that says to contact an entity or person at a certain phone number or email, do not use that information. Instead, find the information from a trusted source yourself and call them.  Carol Roth is a former investment banker, entrepreneur and author of the new book "You Will Own Nothing" Broadside Books. Her previous books are "The War on Small Business" and the New York Times bestseller "The Entrepreneur Equation."

With so many pieces of data relating to services, insurance, pensions, Social Security and more, the Boomers make desirable scammer targets. With that, here’s a synopsis of best practices to avoid being scammed.