Cyber security expert, economist, provide Cyber Monday tips
November 28, 2022 – WGN9
As shoppers head online for Cyber Monday deals this holiday season, the economy is top of mind for many.
Despite inflation, Cyber Monday is expected to be the year’s biggest online shopping day with an estimated $11.6 billion in sales. This is a jump from $10.7 billion last year.
Shoppers spent more than $9.1 billion on Black Friday, up about 2% from last year and consumers spent $9.55 billion in online sales over the weekend.
When shopping online, cyber security experts say to beware of fake retailers or payment services trying to steal shoppers’ information.
“Fake giveaways, fake delivery confirmations or order receipts, even trying to have us install fake malicious applications those are things I’d be very watchful for,” Chris Peltz with GuidePoint Security said.
The best advice is to stick to reputable online retailers and use trusted payment services, like PayPal, that offer fraud protection.
“Don’t rush, look for misspellings,” Peltz said. “A lot of times in these fake ads or emails, they’ll get a retailer’s name wrong, something won’t be right and again think about the information they’re asking for. If I’m getting a delivery notice, I shouldn’t have to give a lot of personal information or even payment.”
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