Security Risks to Shopping on Black Friday, Cyber Monday

The video discusses the risks of cybercrime during holiday shopping seasons, highlighting past breaches at major retailers like Target and Home Depot. It explains how cybercriminals use malware to steal credit card information and how retailers are responding to these threats. The video also advises consumers on safe shopping practices, such as using credit cards over debit cards and being vigilant with account statements. Additionally, it covers the issue of digital scalping, where bots buy up popular products to resell at higher prices. The video concludes with insights into the origins of cybercriminals and the ongoing challenges in retail security.

What is a significant challenge consumers face during the holiday shopping season?

• Finding the best deals

• Determining which stores are safe from cyber attacks

• Locating the nearest store

• Understanding return policies

What are retailers doing to combat cyber threats?

• Doubling down on security measures

• Expanding store hours

• Increasing advertising budgets

• Offering more discounts

Why is it recommended to use a credit card instead of a debit card during holiday shopping?

• Credit cards have higher limits

• Credit cards offer better rewards

• Credit cards provide better fraud protection

• Credit cards are accepted everywhere

What is a common tactic used by cybercriminals to profit from popular holiday products?

• Creating fake websites

• Using bots to buy and resell items

• Hacking into consumer accounts

• Offering free shipping

Where have many of the cybercriminal enterprises been traced to?

• Eastern Europe and Russia

• Australia

• South America

• Africa

What is a potential consequence of buying from an online scalper?

• Improving online security

• Receiving a counterfeit product

• Supporting the scalping system

• Getting a better deal

How long does it typically take to discover a major retail hack?

• A few weeks

• A few days

• A year

• A few months