Americans are on track to spend more online this holiday season than ever before. According to Adobe Insights, Americans spent $6.59 billion on Cyber Monday.
The increase in online traffice means cyber attackers are going to be even more active. So how can you protect your data and your wallet while scouring the web for deals?
Tech reporter Jared Lindzon shares some of the best ways to protect yourself this holiday season. Starting off, make sure you are changing your passwords regularly. He also adds that you shouldn't reuse passwords for different websites. A hacker's first instinct is to try a password they already know works on other sites.
Lindzon also gives a few examples of common online scams during the holidays. He highlights phishing scams as the most likely way a hacker will try and get your information.
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Cetera Holdings CEO Mike Durbin sits down with Cheddar to discuss the important of financial planning, investment strategy and the state of today's market.