With Black Friday and Christmas around the corner online shopping will most likely increase in most households over the next couple of months. E-commerce revenue in the U.S. alone reached $431.6 billion in 2020, this total is expected to increase past the $500 billion mark in 2022. This means that online shoppers are a prime target for bad actors looking to exploit individuals online. Know how to spot holiday scams this year as you shop online.
Cyber criminals will often craft their scams to match an upcoming holiday or event that may catch your eye and trick you into giving up personal information. Common holiday scams include social engineering campaigns revolving around Black Friday and Christmas. Criminals know you're looking for deals and specials, so their phishing email may often offer some sort of wild discount that seems too generous to ignore.
When checking your emails and opening coupons or discount codes make sure you do the following:
Website spoofing may be another type of attack you encounter when shopping online. Cyber criminals may set up fake websites that look almost identical to the real one you're searching for. Once someone enters their login credentials to this site the criminal now has access to the real version of the site. These websites will become more common as you shop online this season. Make sure that when navigating to a particular website that it is legitimate.
Ways to determine this include:
As always, the easiest way to avoid these holiday scams is to use common sense when shopping online. As previously mentioned, if a deal looks too good to be true then it probably is.
Using all the practical steps above you should be able to spot a scam from a mile away. Be cyber secure this Black Friday!
CorpInfoTech (Corporate Information Technologies) provides small to mid-market organizations with expert I.T. services including compliance assessment, cybersecurity penetration tests, and comprehensive business continuity planning services. CorpInfoTech can help organizations, quantify, create, refine, and mitigate the risks presented by business threatening disasters in whatever form they may be disguised.