"Last year in the United States shoppers spent $7.9 billion just on Cyber Monday", said Heather Clary with the Better Business Bureau.
The Better Business Bureau and the Internal Revenue Service are warning people about identity theft this holiday season. While online shoppers will undoubtedly head to the computer screens, phones, and tablets to browse online stores in order to capitalize on Cyber Monday discounts, scammers and online bad actors are laying in wait to capitalize on unsuspecting consumers. Make sure you are logging on to a company's legitimate website, and not one that has a slightly different spelling.
Debit cards do not offer the same protection.More news: Top US career diplomat rejects Ukraine meddling theory
They say to watch out for false advertising and to keep a close eye on the web address on your browser.
"They're luring them into sites that they can put their personal or financial information in, and the product that they're ordering doesn't actually come", Johnson says.
Among everything, Johnson says it's important consumers do their research ahead making purchases on Cyber Monday.More news: Huawei smartphones, networking equipment uses non-US components
Scammers love to create look-a-like websites.
Many people will take advantage of Cyber Monday deals at work, but shopping online in in the workplace could be unsafe for the entire company.
First protect your personal information online by updating security software on your computer and mobile device.More news: Saudi Aramco IPO secures orders over $38 billion from institutions
"If you see that high-ticket item for less than retail, or less than it's selling on other websites, there's a good chance you might not get that item if you give them your information", she said.