Finance

Beware of Scammers During Amazon's Prime Big Deal Days: Cybersecurity Alert!

2024-10-08

Author: Charlotte

Cybersecurity Alert!

As online shoppers eagerly flock to Amazon for the highly anticipated Prime Big Deal Days, cybersecurity experts are sounding the alarm about a surge of scammers posing as the e-commerce giant. With enticing deals up for grabs this week, vigilant shopping is more crucial than ever.

Recent Findings

Recent findings from Check Point Software Technologies reveal that in the month leading up to Amazon's annual fall sale, over 1,000 new web domains related to Amazon have been registered. Alarmingly, a staggering 88% of these domains have been flagged as either malicious or suspicious, indicating that scammers may be attempting to exploit unsuspecting consumers. Notably, one in every 54 newly created Amazon-related domains contains the phrase 'Amazon Prime.'

Scammers' Tactics

Robert Falzon, head of engineering at Check Point in Canada, emphasizes the danger, stating, 'They’re almost indiscernible from the real Amazon domain.' This close resemblance is a calculated tactic used by scammers to deceive shoppers. In recent years, major online shopping events have been prime grounds for fraudulent activities, and this year’s Prime Days are no exception.

Phishing Emails

Phishing emails are a common vehicle for these scams, with scammers crafting messages that seem to be from Amazon, often promoting 'unbelievable' deals tied to Prime Days. These emails may lure recipients into clicking on malicious links designed to swipe sensitive information.

Recent Scam Activity

In just the past two weeks, Check Point has identified and blocked 100 unique scam emails themed around Amazon Prime, targeting both consumers and organizations. Additionally, some fraudsters are resorting to unsolicited phone calls, pretending to be from Amazon and claiming urgent account issues while soliciting payment information.

Financial Losses

The opportunity for scammers to thrive during Prime Days is akin to a holiday season for them,' Falzon remarked. 'Shoppers are on the lookout for great deals, making them easy targets.' He stresses the old adage: 'If it seems too good to be true, it probably is.'

Impact of Fraud

The threat is not merely theoretical; financial losses to fraud in Canada have soared, with reports up to June 30 indicating losses of $284 million affecting nearly 16,000 victims this year alone. Many more incidents likely go unreported, as victims may feel unsure about how to report scams or might feel embarrassed to acknowledge they fell prey to fraud.

Safety Recommendations

Check Point advises Amazon shoppers to stay vigilant during Prime Days. Suggestions include carefully scrutinizing URLs, creating strong and unique passwords, and refraining from sharing personal information like birthdays or Social Security numbers. Additionally, consumers are urged to prioritize websites that begin with 'https,' signifying a secure connection, and to use credit cards over debit cards for online transactions, as they typically offer enhanced protection and less liability for unauthorized purchases.

Conclusion

As this week unfolds, the stakes are high for bargain hunters. Ensuring personal security while hunting for deals is of utmost importance. Stay cautious, shop smart, and keep an eye out for suspicious activity to enjoy a safe shopping experience!