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Black Friday: The increase of financial phishing during festive season - IT News Africa

November 17, 2016 • Retail, Security, Top Stories

When trying to steal payment data may create a fake payment page of a famous payment system, or they copy legitimate online retailer sites.

The number of financial phishing attacks is expected to rise during the Holiday season which starts unofficially on so-called Black Friday and continues through Cyber Monday and Christmas. Retrospective research by Kaspersky Lab specialists shows that, over the last few years, the holiday period was marked by an increase in phishing and other types of attacks, which suggests that the pattern will be repeated this year.

A peak season for sales is obviously also a peak hunting season for criminals: retailers offer lots of hard-to-resist deals and people plan on spending money on gifts for themselves, their friends and relatives. So, while e-commerce customers are making wishes for the upcoming sales, the retailers themselves are preparing their stores for a massive rise in the number of...(continued)

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