HSBC warns online shoppers of cyber scams during holidays

Online shoppers should take extra care and be vigilant against cyber security scams this holiday season, the Hongkong and Shanghai Banking Corp. (HSBC) said Wednesday.

"In the seasonal sales rush it's more important than ever that people don't forget to stay safe shopping online. Taking some basic steps will help people avoid cyber-crime risk," Kris Werner, head of HSBC Retail Banking and Wealth Management Philippines, said in an emailed statement.

According to HSBC, here are some of the steps online shoppers can take to protect themselves:

• Do not over-share on social media and other websites as criminals use personal information to hack into accounts

• Watch out for fake emails, text messages, and websites, as companies do not send unsolicited emails asking their customers to verify personal and security details.

• Never divulge bank PIN number to anyone

• Make sure wireless networks are secure, turn on all the privacy settings and password protection

• Use passwords to automatically lock and protect phones or tablets

• Install anti-virus software and download the latest security updates for computers, tablets, and mobile devices

• Destroy paper documents carefully, as some fraudsters go through rubbish bins to find useful information

"In the same way that you wouldn't walk down your shopping streets with your wallet wide open, don't share personal information or bank account details on social media, or in emails, and never reveal your PIN number," Werner said.

"At the same time, make sure your computers and smartphones are protected with the latest updates, anti-virus software and have automatic locks enabled with password protection," he added. — Jon Viktor Cabuenas/VS, GMA News