GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Christmas online shopping top view.

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.

This often results in delayed response times to true victims.

facebook sharing button

Knowing what to watch for and how to respond is your best defense.

Here are five steps tosafeguard your money during the holiday hustle and bustle.

It helps to be aware of potential scams so you could be vigilant.

twitter sharing button

Here are some scams to be on the lookout for, according to King.

Be wary ofunrecognizable charitable organizations, he said.

Additionally, according to King, criminal organizations often pose as bank representatives during the holidays.

linkedin sharing button

He also recommended taking advantage of two-factor authentication.

He said that makes it much more difficult for cybercriminals to gain access to accounts.

Or you might try the chat function in your banks mobile app.

email sharing button

Be thorough and honest about what you have experienced.

More From GOBankingRates

Share This Article:

The Latest inSaving Money