Security News > 2021 > November > New Twists on Gift-Card Scams Flourish on Black Friday

Black Friday cyber-pariahs have revamped gift-card scams to better target modern online shoppers hungry for deals post-Thanksgiving.

Internet-based Black Friday and Cyber Monday scams have become as common as the Macy's Thanksgiving Day Parade.

Researchers said they have been tracking a number of websites that claim to provide "Gift card generators" that people can use to generate the code for all kinds of gift cards.

Artnz described one such scam that used a gift-card generator to steal cryptocurrency from victims using a file titled "Amazon Gift Tool.exe" that was being marketed on a publicly available file repository site as a free Amazon gift card generator.

To avoid falling prey to these and other cybercriminal scams on Black Friday this year, people have a few options.

If people do decide to use Black Friday to shop for gift cards online, they can keep one simple rule in mind to avoid being defrauded, Artnz said.

News URL

https://threatpost.com/new-twists-on-gift-card-scams-flourish-on-black-friday/176593/