One of the fastest growing demographics to utilize the Web as part of their everyday life is the group of older adults who are aged 55 and above. The rising adoption of the Internet by older adults has resulted in both security and privacy problems for them. In this paper we develop a model to focus on the behavioral side of the security and privacy discussion among elders. For comparative purposes we also test the model with student subjects. We find considerable differences in the results between the elders and young adults and suggest potential issues that can be tested for understanding the differences.