Black Friday 2019: How to spot scams for hot toys, gift cards

Detroit Free Press

Black Friday, typically the day after Thanksgiving, will start early this year, such as on the Monday before Thanksgiving at Kohl's. This season, shoppers are warned to take extra care with their ID information as they shop online and elsewhere.Hackers hover near online shopping carts It's important for retailers and e-commerce sites to identify fraud patterns as they emerge. Retailers and others need to determine if fraudsters are using a smartphone or laptop that doesn't match the device used by a legitimate consumer, according to Geoff Miller, head of global fraud and identity solutions at TransUnion.

He noted that most retailers and restaurants that sell gift cards allow you to order those cards via their websites – which might be a smarter option to avoid some types of fraud. "Once a card is activated, thieves can encode that card’s data onto any card with a magnetic stripe and use that counterfeit to purchase merchandise at the retailer. The stolen goods typically are then sold online or on the street," according to KrebsOnSecurity.The holiday rush puts everyone on edge about their money – and scammers know it.

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