While Cyber Monday is the biggest online shopping day of the year, it is also a time when consumers can be careless and open themselves up to the risk of identity theft. This online shopping bonanza marks the start of the holiday season, and IdentityHawk wants to remind consumers to take precautions to protect their identities online and offline.
According to Jeff Paradise, executive director of IdentityHawk, "Cyber Monday kicks off the holiday shopping season and the season of being extra vigilant with online identity protection. Identity fraud can be detected online, but it doesn't necessarily start there."
Results from the 2011 Identity Fraud Survey Report conducted by Javelin Strategy & Research indicate that of all identity theft victims, 40% had their information misused while making an online purchase, compared to 13% for purchases made over the phone or through the mail.
"Consumers need to be aware that personal information is compromised in a wide variety of ways – ranging from stolen wallets, mail theft, purchases and financial transactions to computer hacking and large scale data base breaches," explained Karen Barney, director of programs for the Identity Theft Resource Center. "During the holidays it is important to remember to be especially vigilant in safeguarding your personal information."
In light of Cyber Monday and the start of the holiday shopping season, IdentityHawk provides the following protection tips for staying safe both online and offline. Read more
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