Scammers taking advantage of supply chain issues with fake shopping sites: "It's like a virus"

As supply chain issues disrupt the holiday shopping season, scammers are making things worse by taking advantage of those challenges with fake websites. 

A new Bankrate survey found that 77% of American adults reported having product-related shopping problems, with nearly half of those for items that were either out of stock or backordered. Scammers are aware of those issues as they, too, approach their big season.

LexisNexis Risk Solutions CEO Haywood Talcove said the company has seen a 2,000% increase in consumers who say they've lost money to scammers posing as legitimate online retailers. The increase, which he said is driven by the ongoing supply chain issues, equals over 5,000 fake sites, up from just 100 or so earlier this year.