The Thanksgiving weekend is just right around the corner. While some would still associate the upcoming holiday as time to be spent solely with family and friends, many of us are also excited by the upcoming Black Friday and Cyber Monday sales. Last year's events already broke retail sales records. According to Adobe, 2018 Cyber Monday sales alone topped $7.9 billion. Consumers are also increasingly using their mobile devices to perform transactions.
With a rise in the number of shops offering Black Friday bargains, security experts say scammers are capitalising on the trend in the hope of conning shoppers. Experts say fraudsters are becoming'more sophisticated' in their attempts to con people out of their hard earned cash, making it harder to spot scams. Nearly a quarter of people aged 18 to 34 in the UK say they have fallen for a scam linked to online shopping, with some losing thousands of pounds. Cyber-security researchers say scammers are using multiple avenues to convince people to part with their money, including fake emails and false social media posts that link to websites that steal their credit card information. Scams include emails that promise'unmissable Black Friday deals' and cheap TVs, laptops and designer goods, say researchers.
Phishing email scams have existed for as long as the internet has been around, but they have become significantly more sophisticated in recent years. These fraudulent emails are designed to steal money by tricking the recipient into handing over personal information, or by instructing them to download malicious software. Most of us have received or will get phishing emails – here are some tips on how to spot them, and what to do next. A lot of phishing emails initially appear to come from well established and instantly recognisable online businesses with a large user base. Cybercriminals target many people with fraudulent messages, so they choose big companies in the hope that the majority of recipients will have an existing relationship with the brand and would expect to receive emails from them.