Credit Card Fraud Prevention Techniques

Posted: Jan 21, 2010 |Comments: 0 |

Credit card fraud has become one of the more recent crimes to start to travel up the statistical scale. The reason for this is actually unknown; however speculation has brought many researchers to the conclusion that with both the economy drop and with people’s rather lax attitude to security many people are simply taking the opportunity. Credit card fraud is especially vulnerable as not all websites ask for a full security check and unfortunately some less honest sites will actually store your details and use them. So how can you avoid this?

As you would expect not all websites you go onto are dishonest and want to steal your details to buy things from well known bidding sites. However, this does not mean that there are not such sites; the bad thing is that any person who is actively looking to steal knows how to use the internet. By this I mean Google.  Google is one of the main aids for fraudulent people as 97% of the searching population in the UK uses it. The sad part is that since any smart webmaster knows how to get their website in the top 10 ranking, making it likely that you will click it.


Now that we know how they go about getting the details for you we can now go into how we can stop them from doing it.

There are several methods of online credit card fraud prevention the first is to use, buy or download software that will stop spyware from stealing the information you use; the second is to use software that communicates with other users and flags bad sites, meaning that you will get a warning screen before entering. The final method that will be looked into is the use of cookies.

Software has greatly advanced over the years in order to try and stay one step ahead of the internet thieves. However, even though they can stop them successfully a surprising number of people have either got no protection or have it and are unable to use it in the correct way. This means they are under a false sense of security. Therefore, the first thing you will need to do is to either get anti spyware software or learn to use it. The added bonus with many spyware systems is that they come with a search safety function. This can either act in a passive manner or it can add a bar to your browser that will then give you alerts to possible threats, thus killing point one and two simultaneously.

The last point which is probably the best thing is to simply turn off your cookies (see options in your browser). However, the problem with doing this is that you will always have to log into forums, chat rooms, Facebook and Myspace as the saved login will be removed. This can get a little bit annoying but as any person who has had their credit card details stolen will tell you it is a small price to pay.

In a way using the internet without protection is like walking around with your credit card, without a signature on the back and with the pin number wrapped around it. All it takes is one bold thief to take everything you’ve saved, so be bold and make sure you take the right precautions.

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