Be Cyber-Smart Black Friday and Cyber Monday

Americans are expected to spend a total of $929 billion on this year’s deals related to Thanksgiving, Black Friday and Cyber Monday and this prediction were provided by eMarketer- a New York-based market research company which provides insights and trends related to digital marketing, media, and commerce.

With the increase in working from home this year, shopping from home on your work computer has also increased. Millions of employees/people who shop online for Thanksgiving deals, Black Friday deals, and Cyber Monday deals will put their company’s computer networks at risk of malicious malware and hacking cyber attacks.

According to Infosecurity Magazine, this holiday season will be prime time for hackers to pull off an estimated 50 million global fraud attempts. Whether it is credit card fraud, bank account infiltration, or simple identity theft, online shoppers are at high risk.

We have pulled some top tips to help shoppers protect themselves from being victims of cyberattacks.

Look-A-Like Email Addresses

Phishing emails oftentimes appear to come from a credible email address at first glance, however, frequently come from a “.net” address or something similar to a real website.

Spam Folders

Most of the cyber frauds happen through phishing emails and over 50% of them are caused by emails which land in our spam folders. People are often tempted to click on these emails aimed to impersonate major retailers such as Best Buy, and CVS which offer robust deals via email offerings. These actually are honey traps to fool people. So, beware not to get hooked on them.

Hackers Grammar Check

As most of the cyber thieves are located in developing countries they often fall under the language barrier. So, they often take the help of translation software which is often found to misinterpret words. Therefore, for those who want to protect themselves from fraud, you better stay away from discount-driven emails filled with spelling errors as they are sure signs of fraud.

Check for the customer service contact number

As soon as you read an email filled with discounts and coupon codes, it is better you take the help of google to cross-check the contact number & details mentioned in the email. Often it is found that the telephone numbers available in the email are connected to a scam line. And once the bad guys get hold of these details, they will somehow cajole you into providing credit card details or permission to remotely control your PC and do the damage which you can’t even imagine.

Genuine reviews do count

It is better to hunt for reviews against a product displayed on a retailer’s website. This not only gives you a clear picture of the product’s function but also provides you a gist of sales report. Thus, it is better you buy the product after reading customer reviews or their ratings.

Keep a tab of your bank accounts

It’s better if you keep a track of your bank account on a weekly or bi-weekly basis. And ensure that all your digital or M-wallet transactions are approved by a 2-way authentication. Furthermore, Text alerts or email alerts can provide peace of mind or potentially stop a cybercriminal before more damage is done.

With 2020 being a year for the books as it is, why would you want to jeopardize your personal info and end the year on a total and complete negative? Make sure to utilize these suggestions to help keep your info safe this season.