Friday, January 6, 2017

How safe is online shopping?

How safe is online shopping? 

Original post by: Eric W. Austin on

My mother is paranoid. The idea of using her credit card to shop online fills her with dread. And she has good reason. A few months ago, she got a call from her credit card company asking whether she had recently used her card to purchase two round trips to Miami?!
She had not!
She was a victim of credit card fraud. In fact, 31.8 million Americans had a similar experience in 2014 – that’s three times the number in 2013. Very likely, this has already happened to you or someone you know.

Is it safe to shop online?

First, the bad news. Credit card fraud has become epidemic in the internet age. But it’s not just about hacking – it’s also about distribution: trading and selling stolen credit card information has become easier than ever.

How your credit card get stolen

  • Skimming
  • Phishing
  • SpyWare/Malware
  • Data Breaches/Hacking
 Read this interesting piece on

Don't you ever think this cannot be replicated in Nigeria. In fact it is anywhere in the world. Technology is global.

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