6 trends fueling 2020 holiday fraud
There’s no escaping fraud during one of the merriest months of the year as cyber thieves are busy trying to make their own wishes come true.
It’s also a time of year when consumers can be more vulnerable as they shop at new merchants, visit never-before-seen websites and feel good about making donations to new charities.
“One of the things we saw in last year’s holiday period was a 220% increase in shipping fraud,” said Angie White, senior manager of global fraud and identity solutions at TransUnion. “We are on the lookout now because we expect it to be big again for this holiday season. Consumers can protect themselves by diligently tracking their packages to minimize theft by porch pirates and be able to deal with an issue such as a package being diverted to an unknown address.”