Released: December 01, 2008

Cyber Monday deals could open door to spam, scams

Source: Jon Swartz, USA Today

Monday will be one of the biggest online shopping days of the year, and also one of the most treacherous.

On Cyber Monday, the first Monday after Thanksgiving, consumers are expected to spend $821 million this year, up 12% from 2007, says Robert Williams, CEO of Conversive, a customer-service software company for online merchants. Monday may be the biggest day in a $44 billion online holiday shopping season, predicts Forrester Research.

But a wobbly economy, combined with a consumer thirst for too-good-to-be-true bargains, has motivated cybercrooks to unleash a torrent of spam, phishing scams and malicious software.

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