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Black Friday Triggers Near 700% Rise in Retail Cyber Scams

SecureWorld News

Darktrace today revealed a surge in retail cyberattacks at the opening of the 2024 holiday shopping season. Brands, particularly major retailers like those analyzed, invest significantly in protecting themselves and their customers from scams and cyberattacks, and often step up those measures for the holiday period.

Retail 115
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50 Ways to Avoid Getting Scammed on Black Friday

Adam Levin

Here are 50 ways to avoid getting scammed on Black Friday — and beyond. Credit cards offer markedly better fraud protections than debit cards , which connect directly to your bank account. Virtual credit cards similarly allow online shoppers to mask their financial accounts. Shop at reputable and recognizable retailers.

Scams 243
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Protecting Retailers Against Cyber Risks on Black Friday and Cyber Monday

Thales Cloud Protection & Licensing

Protecting Retailers Against Cyber Risks on Black Friday and Cyber Monday josh.pearson@t… Tue, 11/26/2024 - 08:01 As Black Friday and Cyber Monday loom, the stakes for retailers extend far beyond enticing deals and record sales. With retail sales during 2024 set to grow to between $5.23 trillion and $5.28 trillion and $5.28

Retail 71
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How Phished Data Turns into Apple & Google Wallets

Krebs on Security

Merrill has been studying the evolution of several China-based smishing gangs, and found that most of them feature helpful and informative video tutorials in their sales accounts on Telegram. Another important innovation is the use of mass-created Apple and Google user accounts through which these phishers send their spam messages.

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8 Ways to Protect Yourself against Scams on Black Friday and Cyber Monday

Adam Levin

of all reports to the BBB Scam Tracker “were online purchase scams, up from 24.3% of those consumers lost money due to those scams, up from 71.2% A BBB survey conducted in August found that the majority of these scammed consumers made purchases for which they never received products. Keep a close eye on your accounts.

Scams 239
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Warning: Online shopping threats to avoid this Black Friday and Cyber Monday 

Malwarebytes

million complaints for a wide range of internet scams, resulting in $37.4 Brand impersonation scams This Black Friday and beyond, you’re likely to see scammers ripping off big name brands. Except in this scam we caught online, the website isn’t really Amazon—check out the URL. These scams are very common.

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Online Businesses Often Steal And Exploit Customer Data Collected During Cancelled Transactions

Joseph Steinberg

Over the past year I have experimented to see how various retailers handle personal information that they collect from customers, especially when such information is collected as part of a purchase made by the customer in what appears, at first glance, to be some “amazing deal.”