online credit card fraud

Online Credit Card Fraud

Credit card fraud is a tremendous problem for consumers worldwide today. The Internet has revolutionized the way consumers shop around the world. With ever rising fuel costs, more and more people are choosing to use their credit cards and shop over the Internet. Shopping from home using the Internet with your credit card is fast, easy, and in most cases secure. The problems begin to arise when consumers are not knowledgeable enough to realize they are shopping on an unsecured website.

Online credit card fraud very often occurs when a consumer sends their credit card information through an unsecured website. Many unwary consumers do not realize the website and the form submittal page are unsecure and pose a significant threat to their precious information.

In most cases, the webpage is very professionally rendered and looks secure. The website can be a legitimate online store front that you can buy legitimate products from. In many cases these unsecured sites are from a small business where the website design has been done by the small business owner themselves. In this case the business owner also does not fully understand that their customer’s information is at risk and can be stolen.

Identity fraud protection and credit card fraud protection is your primary responsibility. Do not depend on the online business to protect your identity and prevent credit card fraud. The first line of defense is the responsibility of the consumer. Identity theft credit card fraud is very important to every online business. Online business owners have a tremendous stake in preventing credit card fraud. They want and need your business. Online credit card fraud prevention becomes a significant cost to online entrepreneurs and business owners.

If you are a consumer and are thinking of making a purchase over the Internet here are some signs to look for to make sure you don’t fall victim to online credit card fraud:

Check the URL: When you get to the form to input your credit card and identity information look at the URL (Universal Resource Locator). This is the address of the web page. You want to make sure it begins with https://. The s is what you are looking for. This means the page is located on a secure web server and is using secure encryption. This encryption takes place between your web browser and the web server and helps eliminate online internet credit card fraud.

The Lock: If a webpage is secure your browser will display a small lock icon in the lower tool tip section of the browser window. This lock icon is located in different positions depending on which browser you are using. For example; Internet Explorer displays the icon on the lower right. Clicking on this icon will provide you with security information about the webpage. Go ahead click on it.

These are the two best ways to know that the page you are using is using security encryption. Your information can be stolen when you are using a web page that does not use security encryption. The information is usually stolen when transferred between your computer and the web server. If it is not encrypted, your credit and identity can be stolen. If you find suspicious charges on your credit card or bank account you should report credit card fraud to your bank. You have the right to dispute the charge and get your money back in most cases.

Reporting credit card fraud is very important. By reporting the credit card fraud you will help protect other consumers. Today, there are many companies dedicated to identity theft protection. These companies help you by offering credit card fraud detection. The protection companies higher credit card fraud lawyers to ensure they are abreast of ever changing credit card fraud law. Often credit card fraud reports are offered to consumers to help educate against credit card fraud. Credit card fraud penalties may vary from state to state. Your bank can help direct you to the proper authorities to prosecute the credit card fraud offenders.

Shopping from home is very convenient and can be fun. Make sure the web site is secure and remember you are the first line of defense against online credit card fraud.