SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCnet FEATURE

TMCNET eNEWSLETTER SIGNUP

December 13, 2018

How to protect your E-commerce from Scammers

 Worldwide, online businesses and individuals lose a lot of funds due to hackers and fraudster. As an e-commerce business, you are less privileged to knowing the kind of customers you are dealing with because you do not get the chance to meet them during a transaction.



A good example of a well protected manual order placement system is at Avacare Medical, where the CEO Steven Zeldes, confirms that it has 100% detection of any attempted fraud

Dealing with these fraudsters may prove difficult, but here are some steps one can take to protect your e-commerce from potential harm.

Strong Passwords
This is one of the easiest ways one can try to control your e-commerce. By putting in a password that may include: using more than eight characters, the use of symbols and numbers, one protects themselves from scammers. It is the responsibility of every individual indulging in e-commerce to uphold their account security as it is the responsibility of the online business. The longer and more complex a password is, the safer you are from a hacker or a fraudster.

Site Updates
As a business, one must always stay alert for any new security updates for e-commerce. All over the world, people are working hard to come up with new ideas to fight hackers. These new ideas are the updates that one should keep up to date with, including every new update means that the previous system’s weak point has been discovered.

Continuous Change of Passwords
 Being able to occasionally change your personal account passwords will enable every individual to curb hackers from easily accessing your personal account. Hacking is a process, and if you disrupt the process, it has to start all over again. Never stick to one single password for duration more than six months.

Encrypting Data
Not only during storage but also the transmission of confidential data around your website is it important that you encrypt the data. Encrypted data is usually quite hard to de-encrypt unless using a password. This form of security will do more to keep hackers and fraudsters from managing to get the information. From a business perspective doing so will increase the confidence of a customer to a business and build on their trust.

Using Secure Sites
Using a secure website means that the website uses a secure socket and transport layer that is bound to keep hackers from getting crucial information about a client or the business during transit or storage. These sites are usually encrypted or usually use sophisticated systems to keep their data out of bound and secret. Such sites have an indication of security on their web address

Complying to PCI (News - Alert) DSS
Every organization accepting payment through credit cards needs to comply with the Payment Card Industry Data Security Standard. This means that they will not store any of your credit card data and crucial payment data. By only having you as the only one with crucial data about your account makes it hard for hackers and fraudster to steal.

Not Allowing Your Browser to Store Your Username & Password
Most people allow their browsers to store their passwords so that they are always logged in. they are either too lazy to put in their password every time they need to access their accounts or feel that they will easily forget the password. This poses a big risk to the individual and the website they are accessing since through these hackers will easily get access to the website through different accounts and get into the system mainframe.

Monitor Website Activity  
As a company administrator, you need to carefully monitor all the activities on the website. This keeps you ready to identify any irregularities in the website and flag them down and stopping them. Always be alert for the things that you order, know the duration it takes and from where you will receive the goods, constantly monitor the progress of transit of goods. As an individual in e-commerce, you do need to monitor your own account on a daily basis that you are not hacked.

Monitoring & Managing Transactions & Bank Accounts
One should also monitor their bank accounts especially if using credit cards. Know how much money you use doing business, this will help the individual and company know to whom they are making payments to and if and when they are being duped of their finances by hackers and fraudster. Using secure payment systems is an added advantage to an e-commerce customer and company as the money will not be diverted to different locations.

Using Verification Tools
By using systems that verify crucial information that only a cardholder can give and the address of a credit card, an e-commerce company can keep off fraudsters. Such systems will actively detect fraudster as their address and that of the card are in different location, hence becoming an irregularity and the system will shut them out.

Abstain From Keeping Personal & Confidential Data  
When an e-commerce company insists on keeping personal information about their clients, it duly keeps them at risk of being hacked. By automatically logging them out each time they leave the site, keeps them away from harm’s way if the company site is hacked. This keeps them independent off the site risks. But if the company site keeps the details and gets hacked, they too are prone to be hacked and being robbed.

Using Secret Codes for Transit
Once an order has been made it is advisable that the company get into contact with the owner of the account on a different platform and giving them a secret code that will allow them to access the goods if they reach their destination. Such a method will allow the company to detect scammers and fraudsters. And even get them arrested.

Employ the Use of Warning Systems
 By employing systems that will automatically warn the customer of any activity on their account and ask them to verify of the activity an e-commerce company will be able to know of any scammers trying to steal from them or the customer. The warning system will alert the owner of the account on a separate platform using either their email account or their telephone numbers. If the customer confirms the activity of their account, then the system will let the activities continue. If rejected, the system will stop the account activities at once. 

Author Bio:

Full-time content-strategist, part-time legal aficionado, Khalid Ifran writes about informative topics that discuss the law, current legal affairs, and how they impact the environment around us. Ifran has had his work published on a number of sites and is considered one of the top researchers in his field.



» More TMCnet Feature Articles

SHARE THIS ARTICLE

LATEST TMCNET ARTICLES

» More TMCnet Feature Articles








Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2019 Technology Marketing Corporation. All rights reserved | Privacy Policy