In a similar vein to a blog I wrote recently about how to avoid overspending during the holidays, I recently came upon a Forbes article about how online shopping fraud is especially prevalent during the holidays and what you can do to protect yourself. It’s a shame that a time of year that’s supposed to be about family, faith, and giving is tinged with fraud. The sad truth is that while there are a lot of good people out there simply looking to buy some gifts for their loved ones, there are also a lot of corrupt people who will not hesitate to take advantage of others. Due in part to the transition to chip cards, the nature of fraud has changed. As a result, a survey of 125 retailers representing 13% of online sales predicts that online fraud attempts will increase 43% this year from last. Fortunately, not all hope is lost. There are some simple steps you can take to keep your information safe. Read more here.
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