In a recent survey conducted by McAfee, 88% of U.S. consumers think hackers will use AI to "create compelling online scams" during the holidays.
Using AI to craft a well written email or other correspondence has become popular with fraudsters, explained McAfee CTO Steve Grobman. Holiday shopping also poses risks for digitally active consumers who are buying gifts on websites they might not usually visit, Grobman said, adding that "sometimes a deal that's a great deal can play at odds with your sense of caution."
U.S. shoppers spent a record $12.4 billion on Cyber Monday this year, a 9.6% increase over 2022.
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