A significant amount of assets, a regular source of income andhome equity are three factors that make elderly consumers targetsfor financial abuse, a Wednesday CFPB report said.

In addition to the report, the bureau issued an advisory on bestpractices for financial institutions looking to protect the elderlyfrom such abuse.

In the advisory, the CFPB recommended financial institutionstrain their staff to recognize abuse targeting the elderlypopulation. Additionally, it said the use of fraud detectiontechnologies can be used to pinpoint suspicious account activityassociated with elder fraud risk.