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Pharma Investments, Ventures & Law Weekly

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LifeLock



Black Friday, Cyber Monday Breeding Grounds for Identity Thieves



December 7th, 2008

The Friday following Thanksgiving is a unique day American shoppers anticipate for weeks -- practically another holiday itself -- but Black Friday is also the most ideal time for an identity thief to target unsuspecting victims. According to the Federal Trade Commission, last year consumers reported losses from identity theft and fraud of more than $1.2 billion, and with consumers facing an already tough economy, they need to be particularly wary this holiday season of scams and fraud both at stores and in the online world of shopping.

Considered to be one of the biggest online shopping days of the year, Cyber Monday is the Monday after Thanksgiving.

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Source: Pharma Investments, Ventures & Law Weekly (2008-12-07)

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