Scams are Increasing Due to Black Friday

November 25, 2020 10:10 am

It’s that time of year again – Black Friday! How could you pass up all these amazing deals? COVID-19 hasn’t slowed down the rate of spending, but instead it is believed that more people will shop online rather than venturing out to the stores. On the positive side, people are staying clear of the virus. But on the negative, due to the strong online presence, there will most likely be even more scams and phishing attacks circulating around. Hackers are eyeing the top shopping days in the United States – Black Friday and Cyber Monday.

Unfortunately, these scams are becoming more and more convincing and tougher to distinguish. Social media scams, as well as domain-impersonation scams, were some of the biggest scams that took place last year. Hackers either stole credentials, payment information, or distributed malware on unsuspecting shopper’s computers. Researchers predict that phishing scams will take the lead this year.

Virtual holiday events are another potential scam to look out for. Scammers can create fake events and charge admission and steal victim’s credit card information.

Options to stay safe from scams this holiday season:

  • Check the email sender’s details carefully

  • Hover over a link before clicking it

  • Reach out directly to retailer to ensure that email you received is real

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