How to protect your identity, wallet on Cyber Monday
With online shopping trumping in-store retail this holiday season, cybercriminals will have no shortage of potential victims to target. And they’ve only gotten smarter and more nefarious over the past year.
“Online purchasing scams were the number one scam reported in 2020, and unfortunately, these scams are becoming more frequent each year,” said Hari Ravichandran, founder and CEO, Aura, a provider of digital security. “The total number of reported scams, including online purchasing scams, rose by 24.9% between 2019-2020 according to the Better Business Bureau to 46,575.”
The 2021 holiday season is expected to be rife with even more bad actors than in the past.
“We will see an all-time high in cyber crimes this year,” said Chad Cragle, director of security and compliance at FormAssembly. “Every year the percentage increases because the attacks are becoming more sophisticated and the tools these threat actors are using are becoming more popular