URGENT UPDATE: The New York Department of State and the FBI have just issued a critical warning to holiday shoppers about a surge in online scams and AI-generated frauds, specifically targeting Cyber Monday deals. As consumers flock to their devices for discounts, authorities emphasize the need for vigilance against deceptive websites and phishing attempts.
With Cyber Monday fast approaching on November 27, 2023, officials stress that this annual shopping event, first coined in 2005, has become a prime opportunity for fraudsters. The National Retail Federation predicts significant online sales, making it essential for shoppers to remain informed and cautious.
Walter Mosley, New York’s Secretary of State, stated,
“An educated consumer is the best defense against scams. We must minimize the number of New Yorkers who lose out on gifts and the funds they intend to spend this holiday season.”
Last year, consumers reported losses exceeding $17 million from online shopping scams alone, alongside another $41 million attributed to business imposters. The financial impact is staggering, highlighting the urgent need for consumer awareness as shopping peaks during the holiday season.
Authorities recommend several proactive measures to safeguard against deception:
– Regularly update accounts and use strong passwords
– Verify sellers and be cautious of third-party vendors
– Look for AI-generated images that may signal a scam
– Always check return policies and website addresses for accuracy
FBI Supervisory Special Agent Scott Schoenhardt cautions shoppers,
“If an offer sounds too good to be true, it probably is. The consequences of falling victim can be devastating, potentially draining entire checking or investment accounts.”
As consumers navigate the online marketplace this Cyber Monday, they must heed these warnings not only during the holiday season but all year round. The emphasis on consumer education is crucial as it plays a significant role in preventing financial losses and fostering a safer shopping environment.
For those who suspect they have been scammed, resources are available to assist victims. The state and federal agencies encourage individuals to report incidents promptly to mitigate the impacts of these fraudulent activities.
Stay informed, stay vigilant, and remember: think before you click. The stakes are high, and being proactive can protect your finances this holiday season.
