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Cybercriminals are not only targeting SMEs, institutions and millions of employees working from home. Private bargain hunters who want to shop online on the coming Black Friday should also protect themselves sufficiently. Especially when they shop with the help of their work computers.
Bargain hunters need to be extra careful on Black Friday and Cyber Monday. It is not only companies and retailers that have prepared intensively for the highest holiday of online shoppers. Cybercriminals will also join forces on this day and intensively attack online retailers, their customers and payment service providers with phishing attempts. Not only the number of attacks is expected to increase significantly, but also their complexity – and thus also their dangerousness.
In the run-up to this year’s Black Friday, Avira Protection Labs said it noticed an “increased activity of malicious URLs”. And Zscaler Security Cloud saw a more than 400 percent increase in blocked phishing activity between the first 14 days of October and the first 14 days of November. The experts from Avira’s virus lab expect malicious URLs to increase by at least 15 percent by the end of November compared to the annual average. In the past ten months, the volume of phishing URLs collected by Avira Protection Labs has already more than doubled compared to the previous year, 2019. The peak season for fake URLs is only just beginning: In the months from October to December, 30 to 40 percent more phishing attacks take place than in the quiet summer months of June to August. This massively increases the likelihood for “Black Friday” shoppers to become victims of targeted phishing attacks.
We have seen an increase in phishing activity targeting well-known online shopping sites, phishing attacks on mobile phones, skimming attempts on websites, gift card scam sites and banking Trojans, all of which have been on the rise. The cybercriminals pick up on the increased activity of users on shopping and online payment sites and target their phishing attacks accordingly. Because rarely does so much sensitive data fly through the virtual space in connection with payment transactions as in these weeks, as the potential attackers also know.
The attackers proceed psychologically skillfully. They exploit a typical feature of Black Friday purchases: the auction character or the time limit of the offer. Strike quickly instead of taking a closer look – cybercriminals exploit this behavior. They are aware that many online shoppers are less vigilant in the rush to get the best deal and are more inclined to click on compromising links.
Isn’t that a private topic? Is this relevant for companies at all? Yes, because employees still use their work computers for private purposes such as online shopping or banking. Therefore, our tips are certainly also important for your employees.