**Originally published November 19, 2018. Updated November 4, 2019.**
It should come as no surprise that the most wonderful time of the year is also one of the most dangerous for online shoppers.
In 2018, Cyber Monday broke records for U.S. eCommerce sales, generating $7.9 billion in revenue. Online spending Thanksgiving day grew 28% from the previous year, topping $3.7 billion and reaching its largest growth rate in four years. And, Black Friday sales in 2018 increased by 24% to $6.2 billion. During the five days between Thanksgiving and Cyber Monday, 55% of online purchases came from mobile devices.
All of this eCommerce activity has presented hackers, scammers, and identity thieves with a prime opportunity to trick people into revealing personal or financial information. During the 2018 holiday shopping season, online purchase fraud increased by 13%, and the dollar amount of fraud attempts increased by 6%, according to benchmark data from ACI Worldwide.
For anyone shopping online, during the holidays or otherwise, it’s critical to remain vigilant and remember that if something seems too good to be true, it probably is. Here are some tools and tips to stay safe, as well as scams for you to keep an eye out for this holiday season.
Resources to Stay Protected While Online Shopping:
- Holiday Hacking and Online Shopping Security Risks
- Help Prevent Identity Theft & Cyber Monday Scams
- Online Shopping: Identity Theft Risks and Prevention Tips
- Protect Your Identity During Your Online Holiday Shopping
- 3 Holiday Scams on the Naughty List
- Five Tips to Ensure a Safe Holiday Shopping Season