Survey: 30% of Holiday Shoppers Targeted by Scams as SYS01stealer Malware Threatens Digital Identities

A recent global consumer survey by Gen highlights a troubling trend among holiday shoppers, revealing that many are compromising their digital identities in pursuit of holiday deals. Concurrently, cybersecurity concerns are escalating as a malvertising campaign has been reported to hijack Facebook accounts to distribute SYS01stealer malware. This malware not only steals sensitive data but also exploits Facebook ads to enhance its reach, posing a significant threat to businesses that depend on social media for marketing. Additionally, a Norton survey indicates that nearly one-third of respondents have encountered scams while shopping online, with nearly half of U.S. consumers reporting similar experiences. These findings underscore the increasing risks associated with online shopping, particularly during the holiday season.