Due to COVID-19, online holiday shopping is
Protect Yourself From Fraud This Holiday Season
Published November 25, 2020
- Due to COVID-19, online holiday shopping is expected to be at an all-time high this year.
- Retailers are increasingly offering curbside pickup.
- When shopping online, be sure to create strong passwords across the various online shopping sites you use and when available use multi-factor authentication.
CUinsight provided a list of ways fraudsters are taking advantage of consumers in 2020 and tips on how to stay safe.
Curbside Pickup and Pickup in Store
Retailers are increasingly offering curbside pickup. Criminals have identified this channel as a point of weakness, recognizing it as a new channel with loose in-person authentication protocols.
eGift card fraud is nothing new — fraudsters have long targeted gift cards due to their anonymity and difficulty in being traced. Common methods include purchasing gift cards with stolen payment data or asking for return credit in form of a gift card instead of cash or exchange.
Staying Savvy and Safe
When shopping online, be sure to create strong passwords across the various online shopping sites you use and when available use multi-factor authentication.
Sign up for a password management system, which can protect all of your unique codes and allow these passwords to be used across various shopping websites securely and conveniently.
Be sure to protect yourself when online shopping -don’t let yourself be a victim of fraud.