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Cyber Monday Scams: Don't Share Your Data for Discounts
30 Nov
Summary
- Nearly half of consumers have shared personal data for discounts.
- Social media is a major channel for holiday-related scams.
- Vigilance and research are key to avoiding cyber threats.
With Cyber Monday sales on the horizon, cybercriminals are gearing up to target unsuspecting shoppers. Recent reports indicate that a significant number of consumers have shared personal data, including phone numbers and home addresses, in exchange for discounts. This willingness to share information creates opportunities for scammers.
Social media platforms have emerged as a primary vector for holiday-related scams, with many victims reporting being defrauded through these channels. Additionally, relying on official shopping apps and utilizing security measures like VPNs and password managers can provide an essential layer of protection against unauthorized access and fraudulent activities.
Consumers are urged to exercise due diligence by verifying website URLs, researching unfamiliar sellers, and being skeptical of deals that seem too good to be true. Regularly monitoring financial statements for suspicious transactions is also vital. By staying informed and practicing safe online habits, shoppers can better safeguard their personal information and finances.
