3 Black Friday scams to watch for and how to stay safe
By Lauren Schwahn, NerdWallet
Black Friday is fast approaching, and shoppers are gearing up. The National Retail Federation expects more than 183 million people to shop over the weekend spanning Thanksgiving to Cyber Monday this year. But fraudsters are preparing for Black Friday too, looking for opportunities to steal your money or personal information.
Before you dive into holiday shopping, learn how to spot common scams and protect yourself.
1. Phony order and delivery notifications
Fraudsters commonly send phishing emails and text messages impersonating delivery services or popular retailers like Amazon. These messages, which typically claim there’s an issue with processing or delivering the order, may request payment information or include malicious links.
A message might say something like, “Part of your address is missing. Please click on this link to complete the address,” says Raj Dasgupta, senior director of global advisory at BioCatch, a fraud prevention firm.
If you get a similar message when you’re not expecting a package, that should raise doubts, Dasgupta says. But even if you have ordered something, don’t overlook warning signs.