Online Shoppers Could Lose $53 Million To Holiday Scams, FBI

Share post:

The FBI has issued a warning that online shoppers could end up losing more than $53 million to holiday scams pretending to offer too good to be true benefits and irresistible bargains.

As well as losing money, the victims could also be a product of identity theft and fraudulent card fees generated by stolen personal information obtained through phishing attacks or web skimmers.

Targeting online shoppers includes e-mail advertising that provides necessary details about hot tickets or hard-to-find items, untrusted websites and ads that promote unrealistic discounts and bargains, social media posts that offer coupons, gift cards, free gifts and content.

To steal victims’ data, the attackers remove malware or login forms on their phishing sites. Some of the stolen information includes user information, payment information and other types of personally identifiable information (PII).

The top five brands in brand phishing attacks are Microsoft with 45% of all global attempts, DHL with 26%, Amazon with 11%, BestBuy with 4% and Google with 3%.

For more information, read the original story in BleepingComputer.

Featured Tech Jobs


Related articles

Abuse of valid accounts by threat actors hits a high, says IBM

Attackers are finding that obtaining valid credentials is an easier route to achieving their goals, s

Cyber Security Today, Feb. 21, 2024 – A patch warning from ConnectWise, the latest ransomware news, and more

This episode reports on a report comparing business email compromise attacks against ransomware

UK leads takedown of LockBit ransomware gang’s website

The LockBit ransomware gang’s website has been seized, several news agencies reported late Monday. The Reuters news agency and The Register are carrying stories based on a new splash screen that has appeared on the gang’s website. It says, “This site is now under the control of the National Crime Agency of the UK, working

Cyber Security Today, Feb. 19, 2024 – Fake police data breach notification fools Maine’s AG site

This episode reports a recent fake data breach report and two real ones, a man pleads guilty to being involved in malware distribution

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways