More holiday shoppers than ever will go online this year to search for the perfect Christmas gift. According to the National Retail Federation, about 57 percent of consumers will turn to their computers and smartphones to shop, just a tad more than the number of consumers who will shop at walk-in stores.
But as more people take to online shopping to buy holiday gifts, shoppers have to take more precautions: Cybercrime is rising. “More transactions certainly open up consumers to more opportunity for fraud,” says Raymond Pucci, associate director of research services at the Mercator Advisory Group consulting firm.
When shopping online, be sure to take steps to safeguard your credit cards and bank accounts. Here are four ways to protect yourself: