Cyber Monday 2014 - As the fervor of Black Friday dissipates, millions across the U.S. are looking forward to the best Cyber Monday 2014 deals.

Cyber Monday 2014, which lands on Dec. 1, is expected to record the highest rate of online shopping sales for the year. Several online shopping platforms have already started offering Cyber Monday deals.

On Saturday, Amazon started giving customers Cyber Monday 2014 deals. The discount on a range of items is expected to last for eight days. Amazon says new discount deals would become available as often as every 10 minutes. The retailer has also announced that special discounts would be released on Cyber Monday itself. At least three exclusive in-demand deals have been promised to customers.

According to Adobe Digital Index Market Research, Cyber Monday sales amassed about $150 million during the peak hours of 8 p.m. and 9 p.m. (ET) in 2013. This year, retailers forecast more sales as they look to entice customers with mouth-watering Cyber Monday deals.

For many, the perks of hunting for the best Cyber Monday 2014 deals online, not only involves the discounts on offer, but also the fact that they can avoid the chaos that comes with Black Friday shopping in brick and mortar stores.

Walmart is also offering discounts on several coveted items as part of its Cyber Monday deals. Some of the best Walmart Cyber Monday deals in 2014 includes up to 50% discounts on tablets, HDTV's and several toys.

Both Amazon and Walmart have offered customers free shipping of items purchased on Cyber Monday 2014. However, Walmart requires shoppers to have spent at least $50 on purchase. While Amazon requires customers to get Amazon Prime in order to be eligible for free two-day shipping. All items purchased on Cyber Monday will be delivered on Dec. 18.

Authorities have cautioned people looking to take advantage of Cyber Monday 2014 deals to be weary of Credit Card theft. The spike in online purchases is expected to also lure cyber thieves looking to hijack credit card information from unsuspecting shoppers.