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Your email address will not be published.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

  • 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
  • Risks, Emergency Fund New Bill Could Send $600 Tariff Rebates to Millions (See If You Qualify!)

Related Articles

A photograph depicting a senior couple happily relaxing together, symbolizing financial security in retirement.

Your Complete Guide to 2025 Social Security Spousal Benefits

How Your Spousal Benefit Amount Is Calculated Understanding how your potential spousal benefit is calculated…

Read More →
warehouse

10 Things You Should Always Buy in Bulk at Warehouse Clubs

Batteries Batteries are probably one of the few items that you won’t see on a…

Read More →
social security

Social Security Cheat Sheet: Maximize Benefits With These 7 Tips

What do you know about Social Security? Understanding how to maximize your benefits as a…

Read More →
credit card, save

Choose The Right Credit Card With These 4 Tips!

Have you ever wondered if there was a sure-fire way to tell if the credit…

Read More →
switching banks

Switching Banks? Here Are 8 Pros and Cons You Should Know

If you’re thinking of switching banks, you are not alone. According to a 2021 study,…

Read More →
income retire stealth

Will You Retire in 2023? Here Are 6 Things You Need to Know!

Social Security Social Security is a topic found on everyone’s lips, especially those who are…

Read More →
money mistakes boomers make Social Security

11 Money Mistakes Boomers Make with Their Finances

These money mistakes boomers make will cost their children’s future!  Life is full of decisions…

Read More →
net worth

11 Important Assets That Will Boost Your Net Worth

11 Assets That Will Automatically Increase Your Net Worth Your net worth is more than…

Read More →
finance your home repairs

Looking for Funds? 6 Helpful Ways to Finance Your Home Repairs

The Money Place presents: easy ways to finance your home repairs! Giving your home a…

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.