Most people conduct business or banking online. Both processes require the input of credit card information, banking account numbers and addresses. This confidential information could be devastating in the hands of a hacker. If you are concerned about ecommerce fraud, take the following steps to protect yourself.
Use Secure Sites
If you are using another person’s or entity’s website to complete a transaction, make sure that it is secure. Companies should use a service such as Ethoca chargeback protection to prevent hackers from gaining access to card information. If you cannot find specific details about the security of a company’s transactions on its website, look at customer reviews to find out if other clients have had problems with fraud. In the end, use your best judgment on whether it is safe to enter your information into a site.
Avoid Shared Computers
While some people do not have a choice about shared computers, if at all possible, avoid entering financial information into a public computer such as one at your local library. In cases where you must use a shared computer, be sure to completely log off the website you used, delete your username and clear the search history. Do not save your username or password on a shared computer.
Update Your Passwords
Most websites require you to create a password before you can complete a transaction. Use a different password for each website. Do not include any personal information such as your birthday, name or family members’ names. At least once a year, update your passwords. If remembering them is a problem, use a secure password-storage system or write them down in a secure location. Do not store passwords in your email or in an online document.
Think Twice Before Purchasing
It’s easy to quickly hit “purchase” on an online shopping cart. However, before you do, consider whether you really need to give a new website your information. Could you find what you are looking for from a more reputable website or one that already has your information? Additionally, check that all the fields are correct so that the transaction goes through once you are sure that you want it.
Security in the digital age is not impossible. With careful planning and research, you can protect yourself from fraud and theft. Remember that the information that you use for online transactions is extremely sensitive; use common sense to prevent unwanted access to your data.