Written By ESR News Blog Editor Thomas Ahearn

“Black Friday” – the Friday after Thanksgiving that is one of the busiest online shopping days of the year – will be impacted by supply chain issues, shipping delays, and COVID-19 in 2021, “which will inject a heightened level of stress and panic buying” that may lead to identity theft and fraud, according to a news release from FICO.

“It’s an environment that provides the perfect conditions for global consumers to fall for scam deals or buy products that aren’t quite what they expected,” FICO fraud expert T.J. Horan explained in the news release, which offered five tips on how online shoppers may protect themselves from identity theft and fraud on “Black Friday.”

  • Tip #1 Revisit Your Password Habits: Remember to use a unique password for each of your accounts, particularly important ones – not just bank and brokerage accounts, but PayPal, Gmail, and Amazon, everything!
  • Tip #2 Think Before You Click: Check twice before clicking on a text or email to confirm it is genuine. Look at the design, copy, spelling, and of course the intended link to see if it is genuine. Better still, navigate to the intended site yourself, without clicking on the link, to be sure you’re reaching the genuine landing page.
  • Tip #3 Don’t Act In Haste: Fraudsters know if they build up a sense of urgency you may act in haste. If youre being pressured to make a payment straight away, stop and give yourself time…

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