Sidestepping Cyberscammers

Posted: December 2, 2013 in Food For Thought

Originally posted on Black America Web:

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In today’s “Money Mondays” segment, Mellody Hobson gives you the inside scoop on cyberscammers and how to avoid them.

With Black Friday behind us, we’re now in full-swing holiday shopping season. But before you nab those “can’t be beat” deals, consider my advice about protecting yourself online. Today kicks off the online holiday buying frenzy, meaning cyberscammers are so happy, they’re singing Christmas carols, so I couldn’t be catching you at a more opportune time!

Last year, consumers spent about $1.5 billion on Cyber Monday, up 16% from 2011. Industry experts predict this season will see even more growth. Coupled with the boom in sales is a predicted increase in the amount and severity of online scamming and data theft. So I want to cover a few key points to help everyone minimize their online risk.

First, don’t click on popup ads. Malicious popup ads…

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