New York Officials Warn of Rising Cyber Monday Scams NOW

URGENT UPDATE: New York officials have issued a strong warning to consumers about a surge in online scams as Cyber Monday approaches. The New York Department of State and the FBI are sounding the alarm on the increasing threat of fraud targeting holiday shoppers, particularly via fake websites and AI-generated scams.

As consumers gear up for deals this holiday season, experts are advising vigilance against scammers lurking in emails and online marketplaces. With Cyber Monday being a prime opportunity for retailers to offer steep discounts, authorities stress that shoppers must stay informed to protect their finances.

Last year, consumers reported losses exceeding $17 million due to online shopping scams and $41 million related to business impersonators. These staggering figures highlight the urgent need for awareness during this busy shopping period. “An educated consumer is the best defense against losing out on gifts and spending money with good intentions,” said Walter Mosley, New York’s Secretary of State.

Officials have outlined critical tips for consumers to safeguard their online shopping experiences. Key recommendations include keeping accounts current, using strong passwords, verifying sellers, and being cautious with third-party sellers. Additionally, shoppers should look for AI-generated images and confirm website addresses for accuracy before making purchases.

FBI Supervisory Special Agent Scott Schoenhardt cautioned, “If the offer seems too good to be true, it likely is. The impact of these scams can be devastating, potentially draining entire checking or investment accounts.”

As Cyber Monday approaches on November 27, 2023, both state leaders and federal agencies urge consumers to remain vigilant not just during the holiday season, but throughout the year. The guidelines provided aim to help consumers navigate the online marketplace safely and avoid falling prey to fraudsters.

In a time when many are eager to take advantage of discounts and special offers, the message is clear: Think before you click. If you suspect you’ve been targeted by a scam, numerous resources are available to assist victims.

Stay informed and protect your holiday shopping experience as authorities continue to monitor these scams closely. Remember, being proactive is key to enjoying a fruitful and secure holiday season this year. Share this vital information with friends and family to keep everyone safe from scams.