Black Friday and Cyber Monday are perhaps two of the biggest sales of the year. It's estimated that Aussies will spend up to $6.36 billion – a massive $188 million increase from last year.
However, discounts aren't the only thing shoppers are being warned to look out for. Telstra is urging Aussies to be wary of scammers as they try to take advantage of the urgency of the Black Friday sales. They’ll use the increased volume of emails and texts from major brands and retailers to trip Aussies up, and lead unknowing customers to fake or unsafe sites.
According to Scamwatch, Aussies have already lost almost $400 million from scams alone this year (based on data collected from January to September). Online shopping scams are the third highest reported scam, right behind false billing and phishing scams. Between November and December last year, Telstra blocked about 66% more scams than the 3 months prior, which proves just how prevalent scammers are around this time of year.
To help prepare for this years Black Friday and Christmas season, Telstra has revealed the top four scams doing the rounds, and how to avoid falling victim to them.