‘There’s no such thing as a free lunch’ – Black Friday shoppers told to be on scam alert as fraudsters prepare to capitalise on Christmas buying frenzy

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  • Shopping fraud rose 34% on Black Friday and Cyber ​​Monday last year.
  • According to Barclays bank, scammers lost an average of £1,072.
  • Nine out of 10 Britons rely on Black Friday for at least Christmas shopping
  • Britons have also been advised to beware of Black Friday WhatsApp scams from British Airways.

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Christmas shoppers are being warned to remain on high alert for potential scams ahead of Black Friday November 25th.

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According to data from Barclays Bank, the number of reported shopping scams rose by 34% just after Black Friday and Cyber ​​Monday last year, with fraudsters losing an average of £1,072.

And bank research shows that nearly nine out of ten Britons rely on Black Friday to do some or all of their Christmas shopping this year.

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Nearly half of Britons plan to shop online, making them more vulnerable to scammers.

Stay vigilant: as we approach Black Friday and the holiday season, Barclays is urging people to take a moment and listen to their intuition when making decisions.

Barclays data shows that since the beginning of 2021, the share of fraud on technology platforms, including auction sites, social networks and dating apps, has increased by 71%.

More than three-quarters of all scams now occur on these platforms, down from less than half at the start of 2021.

The average Brit is expected to spend over £200 on Black Friday shopping this year, and Barclays is urging shoppers to take extra care when shopping online throughout the sales season.

Ross Martin, head of digital security at Barclays, says: “While Black Friday is a great way for Brits to save money in the lead-up to Christmas, it’s important to stay vigilant when shopping.

“This year more than ever, people will be looking for the best deals, which could lead them right into the hands of scammers who will advertise fake deals to lure victims.

“Just remember to ignore any pressure that is being placed on you, and if a deal seems too good to be true, it probably is.”

The bank’s findings also showed that many shoppers are changing their usual buying behavior on Black Friday.

About a third feel pressure to make a purchase as quickly as possible to make sure they get the best deal.

One in five said they were more likely to spot a “too good to be true” deal, and another 17% admitted to shopping on sites they hadn’t heard of before if they had a particularly good deal or sale.

Barclays is urging shoppers to complete four steps this Black Friday.

The first, exercise due diligence researching and reading reviews to verify the authenticity of the website and the seller.

Secondly, if possible in andew subject in person make sure it exists first, especially if it’s a big purchase like a smartphone or even a car.

Third, always talk to someone you trust for a second opinion, whether it’s a friend, family member or your bank.

Finally, many scammers offer huge discounts on purchase that you don’t usually find at retailers you usually trust. Remember, if a deal seems too good to be true, it probably is..

Beware of British Airways Black Friday Scam

Those looking to get a bargain vacation should be aware of one particular scam, according to the Frequent Flyer and Loyalty Points website. Strive for points.

The website warns that a number of its readers have received WhatsApp messages about the alleged British Airways Black Friday giveaway on their WhatsApp channels, forwarded to them by unsuspecting friends.

Fake: An image of a scam posted by Head for Points.

Fake: An image of a scam posted by Head for Points.

BA has confirmed to Head for Points that this is indeed a scam.

The message will most likely be forwarded by one of your contacts because the scammers are telling the “winners” that they need to forward the offer to 20 friends in order to validate their prize.

Head for Points warns: “There are elements that look real, although there are problems with English – “2” instead of “two”, awkward “Do you know British Airways?” question, strange greeting “Hello” – would be a flag for most.

“Realistic is the prize. Offer 5,000 first class flights to Sydney and no one will believe you. Offer 5,000 economy class flights to Europe over a quiet winter period, and that sounds perfectly reasonable.”

Needless to say, the contest is a fake advertisement for free flights designed to collect personal and financial data.

The phishing attack is the first of an expected wave of cyberattacks against Britons looking to capitalize on the biggest sell-off of the year.

Bob Brinklow, UK regional manager for cybersecurity company NordVPN, said: “Less than two weeks until the day itself, the BA golden ticket scam has broken out of the cloud to become the first high-profile Black Friday scam of the year.

Data Gathering: BA scam asks users to complete an online quiz to get information.

Data Gathering: BA scam asks users to complete an online quiz to get information.

“This scam offering the chance to win free flights for participating in an online quiz is a prime example of how crime gangs will try to exploit the cost of living crisis by offering irresistible offers to distressed Britons.

“It also leverages user familiarity not only with BA as a brand, but also with the pop-up quizzes that have become a feature of many web pages, especially news websites.

“As a result, people browsing the web don’t have to think twice before clicking on an attached link and then including some personal — and valuable — data as part of their ‘contest entry’.

“Consumers can expect a steady stream of Black Friday and Cyber ​​Monday scams over the next couple of weeks.

“It is important to be wary of any pop-up deal or offer and not click on any links unless you know the address they are taking you to is verified.

“If you are on…

Credit: www.thisismoney.co.uk /

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