WASHINGTON (12/9/14)--Along with all the good will, holidays create opportunities for greedy fraudsters to take advantage of how busy and preoccupied consumers can become. The AARP Bulletin (Nov. 26) highlights several scams to look out for.
Similarly, cybersquatters can tweak brand names to sell cheap counterfeit goods. Your best bet: Avoid American brands sold on sites with foreign domain designations, for example, co.mn, indicating a company in Mongolia.
And by now you know to never give payment info unless the URL begins with https://.
You can use credit and debit cards in comfort as long as you monitor account activity. That's easy to do online. And if a breach occurs where you shop get in touch with all card issuers to close those accounts and get new numbers and cards.
For related information, read "What Will EMV (Chip) Credit and Debit Cards Mean for You?" in the Home & Family Finance Resource Center.