Security News > 2020 > November > Scams Ramp Up Ahead of Black Friday Cybercriminal Craze

Hackers are looking to cash in on the top shopping days in the U.S. - Black Friday and Cyber Monday - as well as other events, like Singles' Day, which recently occurred this week in China.

Last year, researchers said that social-media scams and domain-impersonation scams were some of the biggest types of attacks during the holiday shopping season.

Authorities worldwide are already warning of a slew of scams leading up to the holiday season.

Ahead of Singles' Day, authorities in China warned of a "Fake refund" phone scam where attackers impersonate a customer service officer from various brands to tell customers that a recent purchase is out of stock - and promises a refund if they hand over their bank account details.

The Better Business Bureau also warned on Friday of scammers taking advantage of virtual holiday events - such as holiday markets and craft fairs - by creating phony copycat events that charge for admission and steal victims' credit-card information.

News URL

https://threatpost.com/scams-black-friday-cybercriminal-craze/161239/