Black Friday is just around the corner, and with it comes the promise of irresistible discounts and deals. However, this shopping season also attracts scammers looking to take advantage of unsuspecting shoppers. Fraudulent websites, phishing emails, and bogus deals can leave you out of pocket and your personal information compromised.
We’re here to remind you to shop smart and stay safe online. Here are essential tips to protect yourself from Black Friday scams:
Top Tips for Safe Online Shopping
Verify Payment Websites
Before making a payment, always check the URL of the website. Legitimate payment sites should start with 'https'. The 's' indicates a secure connection, which encrypts your information.
Avoid Storing Sensitive Information
Never save account numbers, passwords, PINs, OTPs (One-Time Passwords), or CVV details on third-party websites. While it may seem convenient, storing this information makes you more vulnerable to cybercrime.
Be Cautious with OTPs
Never share your OTP with anyone, even if they claim to be from your bank. If you receive an OTP for a transaction you didn’t initiate, don’t approve it. Contact your bank immediately.
Think Twice Before Clicking Links
Avoid clicking on links from unknown email senders or social media ads that seem too good to be true. Scammers often use these tactics to direct you to fake websites that steal your information.
Do Not Enter Your Banking Credentials on Unknown Sites
Legitimate shopping platforms will never ask you for your online banking username and password. If a website demands this information, it’s likely a scam.
Report Suspicious Activity Immediately
If you suspect fraud or lose your device, contact your bank as soon as possible. Acting quickly can prevent further financial loss.
Red Flags to Watch Out For
Unbelievably Low Prices: If a deal seems too good to be true, it probably is. Scammers often lure victims with outrageously low prices to entice quick purchases.
Unfamiliar Websites: Be cautious of shopping on unknown websites with no reviews or secure payment options.
Pressure to Act Quickly: Fraudsters often use urgency to push you into making a hasty decision without verifying the legitimacy of the offer.
Poor Website Design: Spelling errors, low-quality images, and unprofessional layouts are common signs of fake websites.
Unexpected Messages from ‘Banks’ or ‘Retailers’: Scammers may send fake notifications or emails claiming there’s an issue with your account or order. Verify directly with the source instead of clicking links in the message.
While Black Friday is an excellent time to score great deals, it’s also a peak time for cybercriminals to strike. By following these safety tips, you can enjoy a stress-free shopping experience without falling victim to fraud.
Remember, staying alert and vigilant is your best defence. Share this article with friends and family to help them shop safely this Black Friday. If you suspect any scams, don’t hesitate to report them to your bank or local authorities.
Stay safe, shop smart, and enjoy the savings!
