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As Black Friday 2024 nears, online retailers are preparing for a surge in demand, particularly for deals, discounts, and bundles on popular gaming consoles like the PS5, Xbox, and Nintendo Switch, along with their accessories.
However, this excitement also attracts sophisticated fraudsters who use bots to capitalize on the limited availability of these consoles and other sought-after items.
Bot operators and scalpers have refined their tactics, leveraging fake account creation as a primary tool to bypass purchase limits. By deploying bots at scale, they quickly create multiple accounts to snatch up inventory, preventing genuine customers from securing these high-demand products. These accounts can then purchase consoles in bulk, with scalpers profiting by reselling them at inflated prices on secondary markets.
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This article has been indexed from Security Boulevard