Cybercrime during Christmas, New Year's holiday season: How to safeguard hard-earned money

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Key Points

Cybercriminals tend to exploit the Christmas and New Year's holiday season, making it crucial to be aware of their tactics to ensure safety, as per a New York Post report...

The scammers employ tactics to alarm users by fabricating information about unauthorized purchases, aiming to coerce them into divulging personal information..

If users succumb to these deceptive tactics, the scammers proceed to hijack credit cards, Amazon accounts, or bank accounts, intending to pilfer significant amounts of money from their victims..

Another facet of this scam involves deceptive calls alleging to be from reputable institutions like Visa or Chase Bank, specifically addressing purported suspicious charges on your credit cards..

These calls falsely claim to be from major entities such as Amazon, Apple, Visa, and Chase Bank...