With the big online shopping day “Cyber Monday” approaching, experts warn consumers to stay alert about fraud.
With the big online shopping day “Cyber Monday” approaching, experts warn consumers to stay alert about fraud.
Jon Karl is the VP of Corporate Development at Portland’s iovation, one of the largest online fraud protection companies in the world. He said while common sense should guide each shopper’s online experience, each person must also be skeptical to be safe.
“You have to be really careful when you’re clicking on offers that are coming to you,” he said.
And there will be a lot of them. The National Retail Federation estimates online holiday sales will increase in 2013 by 13%-15%, generating more than $82 billion in sales. With that many purchases, Karl said consumers should limit the amount of personal information they give out.
Read more at KGW.
