McAfee today released its annual "12 Scams of Christmas" list to educate the public on the most common scams that criminals use during the holiday season to take advantage of consumers as they shop on their digital devices. Cybercriminals leverage these scams to steal personal information, earn fast cash, and spread malware.
Industry estimates suggest that In India, out of 150 million internet users around 10 million internet users are shopping online. A report by ASSOCHAM states that e-shopping during festive season in India for 2013 has witnessed a 65% increase in comparison to last year for products like mobile phones, e-tablets, consumer electronics, home appliances, home decor, furnishings, apparels, etc. Though banks and various agencies are repeatedly propagating the cause of safe online transactions remains a potential challenge in India.