Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

Alert: 5 Most Common Holiday Scams to Avoid

November 21, 2023 · Personal Finance
Holiday Scam
Photo by BestForBest at Shutterstock

Stolen rewards points

You could find your points missing when you’re ready to spend your loyalty rewards at a retailer. That’s because there have been recent data breaches at major companies, including T-Mobile, Marriott, MyFitnessPal, Facebook, and Orbitz.

By now, most people have had some of their credentials compromised. You can be sure that at least your current email or one of your previous emails has been hacked. Bad actors count on many of us using the same email and password combinations for all sites.

Once they’ve stolen your log-in information from one website, they use software to plug it into hundreds of other sites, looking for matches.

Such “credential stuffing” provides them access to your accounts with retailers and banks, for instance. Then, they can use your rewards to buy things for themselves or even open new accounts in your name.

Avoid this holiday scam: Vary your passwords and change them frequently. Consider using a string of words rather than just one or two. A password like MyComputer is more accessible to hack than MyComput3rNow1sMyF@vorite!

Better still, you can use a password manager. It securely stores and encrypts all your passwords, and you can use it to generate long, strong, unique passwords designed to thwart hackers.

The software also remembers PINs, answers to security questions, and CVV codes, those three- and four-digit security codes on the back of your credit cards.

Pages: 1 2 3 4 5 6

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

1 comment on “Alert: 5 Most Common Holiday Scams to Avoid”

  1. Paul says:
    January 18, 2024 at 1:06 am

    I just like the helpful information you provide
    on your articles. I’ll bookmark your weblog and take a look at once more here regularly.
    I am reasonably certain I will be told lots of new stuff right
    right here! Good luck for the next!

    Reply
Se încarcă comentarii...

Nu mai există comentarii de afișat.

Latest Posts

  • Holiday Scam 10 Holiday Tax Scams That Turn Your Ho-Ho-Ho Into Oh-No!
  • 5 Costco Products That Cost More Due to Trump’s Tariffs
  • protect your wallet from inflation 6 Bills That Changed After Trump Returned to Office
  • Amazon Are You Eligible For a Refund From Amazon? Find Out Here!
  • social security, income 7 Social Security Benefits That Will Change SOON

Related Articles

small business

Great Small Business Ideas For Retirees

Are you thinking of owning a small business? If you always imagined leading your passion…

Read More →
Risks, Emergency Fund

New Bill Could Send $600 Tariff Rebates to Millions (See If You Qualify!)

What About the Federal Deficit—and What’s the Road Ahead? One of the biggest questions this…

Read More →
Utility Bill

High Utility Bills? Here Are 9 Hacks To Solve This Problem!

Are utility bills burning a hole in your pocket? It doesn’t have to cost much…

Read More →
Social Security checks, money mistakes and retirees buffett

10 Worst States to Live on Just a Social Security Check

8. Connecticut Cost-of-living index: 121.6 Average one-bedroom rent (January 2022): $1,242 As a northeastern state,…

Read More →
A senior citizen reviews Medicare documents at a table, with a Medicare card, calendar, and magnifying glass nearby.

An Introduction to Medicare: Parts A, B, C, and D Explained

Diving Deep into Part A: Hospital Insurance Medicare Part A is often called hospital insurance…

Read More →
deduction

Debt Troubles? Here Are 6 Tips on How To Manage It

How do you deal with your debt? Being in debt is not the end of…

Read More →
protect your money in a divorce

6 Ways to Protect Your Money in a Divorce

Do you know how to protect your money in a divorce? Nowadays, it is not…

Read More →
Trump presidency tax plans tariff

Millionaires Share 5 Reasons a Trump Presidency Could Boost Your Wealth!

Could a second Trump presidency improve your wealth? Millionaires say yes! As elections are just…

Read More →
worrying about money, financial stability

I Stopped Worrying About Money Thanks to These Trustworthy 7 Tips

I stopped worrying about money thanks to these tips. You may want to follow them…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2025 The Money Place. All rights reserved.