Cybercriminals Shopping For Consumers During Holiday Season

Cyber Monday is a term originally coined in 2005, when upon returning to the office after the extended Thanksgiving break, consumers hit their company’s high-speed Internet to start online shopping for the holidays.

While most consumers these days now have high-speed Internet available to them at home (or on their phone, or at their local coffee house) Cyber Monday has quickly become its own “holiday of shopping.”

Last year, according to the National Retail Federation, more than 96 million Americans shopped online the Monday after Thanksgiving -- and approximately 52 percent of all purchases were made from the workplace. While the obvious call for concern for corporations across the globe is the decrease in work productivity, the greater risk is the harm that these shoppers may be doing to their company’s networks, and the security risks corporate IT departments need to consider.

In the past, the threat of malware and viruses was mainly from adult-oriented and gambling websites; companies could easily block these sites completely, eliminating the security concern. The issue today is that up to 85 percent of all infected websites are “legitimate” websites that can harm a corporation’s network.

Unsuspecting employees can click on a link that appears to be advertising a great deal on shoes or toys and unknowingly infect their computer, or the system’s entire network. The Cybercriminals’ purpose is to infect as many victims as possible. To do that, they try to drive as many potential victims to their website through techniques such as Search Engine Optimization where a consumer might do a search for cheap watches and the Cybercriminal’s infected website might rank very highly in the search results, or they send out Spam messages with a link to the infected website.

These blended e-mail threats are very effective at making a deal sound so good and legitimate that consumers click on the link even though they never asked for the email in the first place.

Cyber Monday Predictions
ISACA, the leading non-profit information organization, recently released its predictions on behaviors and patterns for Cyber Monday and the entire 2010 online holiday shopping season. According to the organization’s survey-based predictions, there is good news along with worrisome predictions for the season ahead.

With the economy still in a slow recovery, the number of online shoppers in general is not expected to rise more than 5 percent from last year. From that, it’s being predicted that the number of consumers who plan on using work-supplied devices such as smart phones and computers to shop online will decrease dramatically -- 23 percent vs. 52 percent from last year. But corporate IT departments shouldn’t think they are off the hook, because while there will be less shopping, unfortunately consumers are going to be taking higher risks such as clicking on links in e-mails (52 percent in 2010; 40 percent in 2009), providing work email addresses to online shopping outlets (28 percent in 2010; 21 percent in 2009) and clicking on a link at social networking sites (19 percent in 2010; 15 percent in 2009).

Rise In Fraud
Online fraud is being perpetrated around the clock, 365 days of the year. It just so happens that because consumers are highly marketed to on Cyber Monday that they are more likely to be searching for the best possible deals around. This makes this time frame highly valuable for cybercriminals.

While consumers are used to looking out for frauds such as fake products or products that are not made from quality materials, in a time of belt-tightening consumers are more apt to shop rogue websites (for example, a site that sells highly valued shoes at what consumers would view as a "steal" of a deal). Throw in the growth in social shopping or daily “coupon deal” companies, and consumers are facing much more confusion on what is considered a legitimate site.

While it would seem that the obvious answer to this issue is to block all personal access to the Internet from the company’s network, currently only 11 percent of corporations do that. The rise of employees using their own personal devices for work functions in addition to the variety of devices people use to communicate today leaves this task virtually impossible. Additionally, the benefit of allowing employees to have access actually increases productivity and morale.

Educating Employees
The saying "if it's too good to be true, then it probably is" holds true. There's no such thing as a free lunch, or a free iPhone. Remind your employees of this. Give examples of how spammers can spoof a legitimate website’s email template and make it look authentic.

If an e-mail arrives in their inbox that reports on a sale, they will be more likely to analyze it thoroughly. If possible, recommend employees go directly to the website without clicking on the link in the email to verify the authenticity. (Better yet, recommend that employees first Google the website in question, if they’ve never heard of it -- often times, fraudulent websites are trending topics.)

If it's a specialized link, be sure to mouse over them first rather than blindly clicking on it, as links can be made to look legitimate but actually lead to a malicious page or phishing site.

While fraudulent products are always a concern, most cybercrimes involve banking/payment with the manipulation of the payment transaction. The consumer assumes they are placing a transaction with a legitimate party, providing their personal and credit card information over a secure transaction page without thinking about what this party might do with their information, or who else might get access to it.

If a payment transaction service like Paypal is being used, are you sure the page displayed is Paypal? Will you even get the goods? The best way to combat this is to remind employees to check with their bank to see what coverage they have for online shopping using their card in case of fraud, or perhaps change to a card that has good fraud protection coverage.

Also note that fraud goes beyond malware and stealing money and into what is done to your private information after the transaction is complete. No deal is a good deal if personal information is compromised. Consistent education and communication with your employees on these matters will help keep your network -- and your employees -- safer.

Featured

  • Progressing in Capabilities

    Progressing in Capabilities

    Hazardous areas within industries like oil and gas, manufacturing, agriculture and the like, have long-sought reliable video surveillance cameras and equipment that can operate safely in these harsh and unpredictable environments. Read Now

  • A Comprehensive Nationwide Solution

    A Comprehensive Nationwide Solution

    Across the United States, manufacturing facilities, distribution centers, truck yards, parking lots and car dealerships all have a common concern. They are targets for catalytic converters. In nearly every region, cases of catalytic converter thefts have skyrocketed. Read Now

  • Planning for Your Perimeter

    Planning for Your Perimeter

    The perimeter is an organization’s first line of defense and a critical element of any security and surveillance program. Even if a building’s interior or exterior security is strong, without a solid perimeter surveillance approach any company or business is vulnerable. Read Now

  • The Key Issue

    The Key Issue

    It is February 2014. A woman is getting ready in her room on a cruise ship when she hears a knock on the door; it is a crewmember delivering breakfast. She is not presentable so she tells him to leave it by the door. Read Now

Featured Cybersecurity

New Products

  • XS4 Original+

    XS4 Original+

    The SALTO XS4 Original+ design is based on the same proven housing and mechanical mechanisms of the XS4 Original. The XS4 Original+, however, is embedded with SALTO’s BLUEnet real-time functionality and SVN-Flex capability that enables SALTO stand-alone smart XS4 Original+ locks to update user credentials directly at the door. Compatible with the array of SALTO platform solutions including SALTO Space data-on-card, SALTO KS Keys as a Service cloud-based access solution, and SALTO’s JustIn Mobile technology for digital keys. The XS4 Original+ also includes RFID Mifare DESFire, Bluetooth LE and NFC technology functionality. 3

  • SecureAuth

    SecureAuth

    The acceleration of digital transformation initiatives as a result of COVID-19 has created a lasting impact on how businesses empower their workforce and engage customers. 3

  • PDK IO Access Control Software

    PDK.IO Access Control Software

    ProdataKey now allows for "custom fields" within the interface of its pdk.io software. Custom fields increase PDK's solutions' overall functionality by allowing administrators to include a wide range of pertinent data associated with each user. 3