More and more Americans are skipping the crowded shopping malls, long lines and full parking lots and doing their holiday shopping from home.
During the 2019 holiday season, online and non-store retail sales are expected to grow between 11% and 14% compared with 2018, according to the National Retail Federation.
But online shopping comes with risks, including thieves looking to steal identities and commit fraud. Cybercrime is also getting more sophisticated. Malware, or malicious software, for instance, is getting harder to detect, according to Trustwave's 2019 Global Security Report. And e-commerce websites (online retail stores) are some of the most vulnerable targets for security threats.
While shopping online, use these safety tips to protect your money and your identity:
- 1: Only Shop at Secure Websites
- 2: Use Credit Cards, Not Debit Cards, to Shop Online
- 3: Don't Shop on a Public Wi-Fi Network
- 4: Take Advantage of Credit Card Security Features
- 5: Make Your Passwords Unique and Secure
- 6: Update Software on Your Computer and Mobile Device
- 7: Watch Out for Online Scams
- 8: Monitor Your Credit and Identity
For more detailed information about Fraud Awareness and how to prevent it, click here.