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Web Extra: Protect Yourself, Online Shoppers

Wednesday, 26 Nov 2008 | 1:16 PM ET
OTM Web Extra
CNBC's Carmen Wong Ulrich helps viewers manage their personal finances in this On the Money Web Extra.

Online shopping is a fast, convenient and often cheaper way to do your holiday shopping. But as we approach Cyber Monday, the biggest online shopping day of the year, it’s also a breeding ground for the bad guys looking for your credit card information and some holiday cheer at your expense.

Joe Ridout of Consumer Action said that freezing your credit is one of the best ways to protect yourself if you think you’ve been victimized. Watch the accompanying video to find out his five tips for protecting yourself online this holiday season.

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