The convenience of online shopping does not go unnoticed by cyber scrooges. With so many people planning to shop online, scammers set up phony e-commerce sites to steal your money and personal data.
McAfee recently released its annual “12 Scams of Christmas” list to educate the public on the most common scams that criminals use during the holiday season to take advantage of consumers as they shop on their digital devices. Cyber criminals leverage these scams to steal personal information, earn fast cash, and spread malware.
This year, fall holiday shopping sales are expected to soar to an estimated $602 billion. E-commerce sales are predicted to rise 15 percent compared to last year’s digital sales to more than $60 billion, with m-commerce comprising 16 percent of this number. Consumers should ensure that they are taking all precautions to protect the data saved on their devices. This is especially true for the 51 percent of U.S. adults that bank online and 32 percent that use mobile banking.
“The potential for identity theft increases as consumers share personal information across multiple devices that are often under protected,” said Michelle Dennedy, vice president and chief privacy officer at McAfee. “Understanding criminals’ mindsets and being aware of how they try to take advantage of consumers can help ensure that we use our devices the way they were intended – to enhance our lives, not jeopardize them.”
To help consumers stay alert for greedy Grinches as they surf the Web for holiday travel deals and seek out gifts for their loved ones, McAfee has identified this year’s top “12 Scams of Christmas.”
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