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How to Stay Safe Online During the Holiday Shopping Season

Shopping online during the holiday season has become a popular option over the past few years. In 2021, consumers spent approximately $10.7 billion during Cyber Monday alone. Online shopping can take a lot of the stress out of the holiday shopping process, however it is important to stay safe. Unfortunately, cybercriminals don’t take this time off. In fact, they tend to use this time to their advantage.

The “Pay Yourself” Scam: What You Need to Know

Zelle and Bank of America are calling attention to what is called the “pay yourself” scam. It begins with a text message from a scammer that looks like a fraud alert from your bank. If you respond to the message, you’ll receive a call from a number that appears to be your bank. The scammer then pretends to be a representative from your bank or credit union and offers to stop the alleged fraud.