Should You Be Worried About Identity Theft on Cyber Monday?

Two years ago, hackers planted malware in Target’s point-of-sale system and stole 40 million credit card and debit card numbers, in addition to 70 million names, addresses, email addresses and phone numbers of Target shoppers. Worse data breaches have occurred since then, but because the Target breach happened during the Black Friday weekend and early December, it will long be associated with the security risks of holiday shopping. Those risks are present when you shop in stores and online.

Half of consumers who responded to an online holiday shopping survey from Experian said they’re worried about identity theft. Among millennials, concern is more common: 60% said they’re worried about identity theft this holiday season. Most consumers surveyed said they see online shopping and shopping in stores equally risky. The online poll included responses from 1,035 U.S. adults, but is not representative of the U.S. adult population.


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