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shopping1d ago
Fraud happens year-round but spikes during holidays. Here's how to stay protected.
- Latest holiday season shows a spike in fraud, with experts urging vigilance and shared protection tips.
- Consumers should look for https and a lock icon to ensure site encryption before entering payment details.
- Experts warn against clicking promotional emails; instead, visit retailers’ sites directly.
- Using credit cards or digital wallets can limit exposure if fraud occurs, per bank officials.
- Call your bank immediately if something seems off to stop potential fraud early.
- Set up bank alerts and avoid saving card information on sites to reduce credential theft.
- Shoppers should beware of scams that blend AI to imitate legitimate retailers.
- Bank and FTC data show substantial losses from online shopping fraud in 2024.
- Experts advocate slowing down during Cyber Monday and holiday deals to verify legitimacy.
- Authorities recommend reporting suspected fraud to police or the Federal Trade Commission.
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