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.
According to Huffington Post, a good number of retail customers are on the fence about doing business with various stores with reported credit information breeches. A survey showed that 45% of its participants would either "probably not" or "definitely not" shop at these stores during the holiday season. For those who do not know, the outlets in question include such big names as Home Depot and Target. As you can see, this sort of news is quite telling.
The article made mention of the fact that a total of 48% of surveyed individuals would use cash for their purchases during the holidays. These types of financial attacks have gained quite a bit of notoriety and they should be looked over by authorities along the lines of Whistleblowers Against Fraud as well. Better protection should be set in place but what should this entail? I believe that information offered by WAF, as well as other reputable names, 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.
As you can see, there is something of a problem when it comes to certain retailers and the protection of information. While it's unlikely that others will be affected by this, there's nothing wrong with taking further precautions in protect oneself. The best way to go about such an endeavor is to work with trusted retailers more often, Amazon being one of the strongest names to consider. Payments should also be done with care, which is where PayPal and other services can prove useful. Customers, to put it simply, are not without options.
According to Huffington Post, a good number of retail customers are on the fence about doing business with various stores with reported credit information breeches. A survey showed that 45% of its participants would either "probably not" or "definitely not" shop at these stores during the holiday season. For those who do not know, the outlets in question include such big names as Home Depot and Target. As you can see, this sort of news is quite telling.
The article made mention of the fact that a total of 48% of surveyed individuals would use cash for their purchases during the holidays. These types of financial attacks have gained quite a bit of notoriety and they should be looked over by authorities along the lines of Whistleblowers Against Fraud as well. Better protection should be set in place but what should this entail? I believe that information offered by WAF, as well as other reputable names, 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.
As you can see, there is something of a problem when it comes to certain retailers and the protection of information. While it's unlikely that others will be affected by this, there's nothing wrong with taking further precautions in protect oneself. The best way to go about such an endeavor is to work with trusted retailers more often, Amazon being one of the strongest names to consider. Payments should also be done with care, which is where PayPal and other services can prove useful. Customers, to put it simply, are not without options.
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If you'd care to know how to take on fraud, visit Whistleblowers Against Fraud for specifics.
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