When it comes to the business done between retailers and consumers, it's easy to say that it is rampant. Items are purchased and transactions are handled with levels of trust set in place, which is a point that should go without saying. However, with recent stories brought into the fold, it seems like fewer customers are looking to do business with the entities they have placed trust in. For those who are curious, Whistleblowers Against Fraud will be able to offer greater insight.
As a report on Huffington Post went into detail about, customers seem to be hesitant about the idea of doing business with retailers through the holiday season. A survey detailed this matter, stating that 45% of those surveyed would "definitely not" or "probably not" do business with outlets like Home Depot and Target during the holidays because of reported breeches in credit card information. This news of cyber attacks has elevated quite a bit of concern, as you can see.
Due to the aforementioned breach, the article also mentioned that 48% of those surveyed would be likelier to use cash during the holidays instead of other means of payment. There has been such a level of concern associated with cyber attacks that authorities like Whistleblowers Against Fraud will not be able to overlook this story. In the face of these attacks, one has to wonder about the methods of protection which can be taken up. Fortunately, knowledge from WAF and others can prove useful.
One of the best ways to keep tabs on your credit card information, for better protection, is to take a look at your statements once they come in. Make sure that you recognize every single payment so that you understand whether or not your account might have been compromised. It's also worth noting that limiting your purchases, as much as possible, can have an impact. Not only will you save more money but the likelihood of your information being compromised will lessen.
When it comes to customer information, it's easy to see why fewer people are eager to do business with a number of stores. Fortunately, there are efforts that customers can take so that they will be able to keep their information protected in the long term. Trusted retailers should be focused on, which means that it's the best interest of consumers to conduct research on the matter. In addition, payment options should be handled with care, whether it's a matter of credit, debit, or what have you.
As a report on Huffington Post went into detail about, customers seem to be hesitant about the idea of doing business with retailers through the holiday season. A survey detailed this matter, stating that 45% of those surveyed would "definitely not" or "probably not" do business with outlets like Home Depot and Target during the holidays because of reported breeches in credit card information. This news of cyber attacks has elevated quite a bit of concern, as you can see.
Due to the aforementioned breach, the article also mentioned that 48% of those surveyed would be likelier to use cash during the holidays instead of other means of payment. There has been such a level of concern associated with cyber attacks that authorities like Whistleblowers Against Fraud will not be able to overlook this story. In the face of these attacks, one has to wonder about the methods of protection which can be taken up. Fortunately, knowledge from WAF and others can prove useful.
One of the best ways to keep tabs on your credit card information, for better protection, is to take a look at your statements once they come in. Make sure that you recognize every single payment so that you understand whether or not your account might have been compromised. It's also worth noting that limiting your purchases, as much as possible, can have an impact. Not only will you save more money but the likelihood of your information being compromised will lessen.
When it comes to customer information, it's easy to see why fewer people are eager to do business with a number of stores. Fortunately, there are efforts that customers can take so that they will be able to keep their information protected in the long term. Trusted retailers should be focused on, which means that it's the best interest of consumers to conduct research on the matter. In addition, payment options should be handled with care, whether it's a matter of credit, debit, or what have you.
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If you'd care to recognize how to combat fraud, go to Whistleblowers Against Fraud for details.
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