Every Monday after Thanksgiving, the internet celebrates Cyber Monday, a holiday created solely for shopping online with promises of major discounts. The shopping day has become so popular that in in 2010, comScore reported consumers spent $1.028 Billion online, making it the biggest shopping day of the year. With this predictable increase in web traffic, Cyber Monday has become a target for hackers all over the world.

According to Demetrios Lazarikos, IT threat strategist from RSA, "This time of year is not just an opportunity for retail fraud, but an opportunity to launch attacks that take advantage of business logic vulnerabilities, DDoS [distributed denial-of-service] attacks, and more sophisticated attacks as well."

It’s no wonder, then, that according to a new study by the Ponemon Institute, 64 percent of organizations said they see significant increases in attack activity during the holidays. But, it is more surprising to learn that despite the fact that they are vulnerable, more than 70 percent of enterprises are not taking the necessary precautions in anticipation of increased attacks.

Here you can find some recommendations from TrendMicro and Veracode:

http://www.veracode.com/resources/black-friday-cyber-monday-hacks-scams

http://blog.trendmicro.com/trendlabs-security-intelligence/how-to-have-a-safe-cyber-monday-mobile-shopping-experience/

Happy Cyber Monday! :)