Holiday scam prevention tips will be extremely useful nowadays.
Consumers shopping for the winter holidays should be on the watch for online scams this coming Black Friday and Cyber Monday.
As reported by CNBC, internet sales in the United States are estimated to reach $207 billion between November 1 and December 31 this holiday season. That’s a new high and a 10% increase over 2020 when the Covid panemic prompted more people to order online.
The cyber weekend, which runs from Black Friday to Cyber Monday, will account for around 17% of total holiday sales.
In recent months, cyber scammers have gotten so proficient at defrauding by sending SMS scams, phone calls, and bogus emails that.
Criminals will almost certainly try to take advantage of the high volume and unsuspecting customers.
According to the Federal Trade Commission, there were nearly 58,000 Covid-related consumer fraud reports from January 2020 to October 18, more than any other type of fraud.
A total of $48 million was lost by consumers.
In an alert stated by the IRS Commissioner Chuck Rettig, “We are entering a sensitive holiday and tax period, and we urge people to protect their personal information,” which warned of identity thieves exploiting personal information to file false tax returns.
Black Friday and Cyber Monday are coming. So, here are some holiday Scam prevention tips from the FBI: