Retirement Plan is the Key to Confidence, Survey Finds
Author: Jerry Martin, Financial Advisor
My Marriage Misconception
Author: Tawny Browning
Journey from a Cool Kid to the Student Board
Author: Joycelynn Rusk
Social Security Claiming Strategies for Married Couples
Author: Curtis Hinshaw, Financial Advisor
EMV and Merchant Card Services
Author: Leslie Paull
Setting Up a Plan
Author: Bonni Kids
Financial Spring Cleaning with myOFM
Author: Jacob Pepper
Investment Themes for 2015
Author: Kimberly Spinks
Steps for First Time Homebuyers
Author: Lora Hollins
12 Financial Resolutions
Author: Amy Proctor
Making Managing Your Finances Fun!
Author: Chris Davis
Beware the '12 Online Scams of Christmas'
Author: Ken Hartley
Holiday Savings Tips
Author: Sherry Gibbon, Vice President, Community Relations and OMNI Manager
Establishing a Personalized Budget
Author: James Sheridan, Senior Vice President, Lending Officer
I'm a Victim of a Checkcard Breach. Now What?
Author: Sheri Parish
Back to School
Author: Karen Partee
Debit Card Tips for Travel and Large Purchases
Author: Crystal Hardy, Vice President and Bank Card Manager
Is now the time to purchase the home of your dreams?
Author: Lora Hollins
The End of the Savings Challenge
Author: Tawny Browning
Financial Planning--Helping You See the Big Picture
Author: Carl Newman, Financial Advisor
December 7, 2012
“Ho, Ho, Ho,” how we delight in imitating Santa Claus as we embark upon the Christmas shopping season. What should be a merry time for all unfortunately also includes hackers, scammers and con artists!
As we rush into the Christmas shopping season, please take time to think carefully before making your purchases and any charitable donations.
Consumers are especially vulnerable during the holidays. With so much to do, many otherwise cautious people let their guards down. Con artists are ready to exploit busy, distracted shoppers -- some desperate to buy popular gift items. They are also ready to "ramp up" their emotional appeals when posing as representatives of real (or legitimate-sounding) charities.
The McAfee Company released the results of its 2012 Holiday Online & Mobile Shopping Study as well as the “Twelve Scams of Christmas” that cyber criminals plan to use to cheat consumers this year. The survey was taken among 2,397 adults, ages 18 and older, revealing the following trends:
However, scammers are always on the prowl for victims with the following scams:
1. Social media scams: Scammers use sites like Facebook and Twitter to scam consumers during the holidays. Be careful when “liking” Fan pages, clicking on fake alerts from friends’ accounts that have been hacked, or installing suspicious “holiday deal” apps that give your private data away. Also beware of Twitter ads and special discounts for popular gifts using blind, shortened links.
2. Malicious Mobile Apps: Be careful not to download a malicious application designed to steal information or send out premium-rate text messages. Make sure that you only download applications from official app stores and check other users’ reviews and the app’s permission policies.
3. Travel Scams: Before booking travel arrangements, beware of scams with too-good-to-be-true deals, phony travel webpages with beautiful pictures and rock-bottom prices. The Federal Bureau of Investigation also warns travelers of a hotel Wi-Fi scam where a malicious pop-up ad prompts computer users to install a popular software product before connecting to their hotel Wi-Fi. Do a security software update before traveling, to guard against the latest scams.
4. Holiday Spam/Phishing: Cheap Rolex watches and pharmaceuticals may be advertised as the “perfect gift” while holiday-themed phishing emails may try to trick you into revealing financial or personal details by posing as an offer from a legitimate business.
5. The new iPad, iPhone 5, and other hot holiday gift scams: Cybercrooks are likely to mention must-have holiday gifts in dangerous links, phony contests, and phishing emails.
6. Skype Message Scare: A new Skype message scam attempts to infect victims' machines, and hold their files for ransom. The threat appears as a Skype instant message with the scam line “Lol is this your new profile pic?” Clicking on the link downloads a Trojan virus onto the computer.
7. Bogus gift cards: Be wary of buying gift cards from third parties, or unfamiliar sources. Buy instead from the official retailer.
8. Holiday SMiShing or phishing via text message: The scammer tries to lure you into revealing information by pretending to be a legitimate organization.
9. Phony E-tailers: Phony e-commerce sites that appear real will try to lure you into typing in your credit card number and other personal details.
10. Fake charities: Cybercriminals may try to fool you into thinking that they are a real charity, such as the Red Cross, with a "stolen logo and copycat text." It is safer to visit the charity’s legitimate website to make a contribution.
11. Dangerous e-cards: Some are malicious and may contain spyware or viruses, or download a Trojan.
12. Phony classifieds: Phony offers may ask for too much personal information or ask you to wire funds via Western Union.
All comments are subject to approval. Read more.