Be Aware of Cybercrime - It Can Cost You
As Internet sales go up,most of you have probably bought something online or will do so with the approaching holiday season. The Internet commerce business is expected to bring in $1.2 trillion in 2013. Due to the size of the market, the Internet business has become a major target for cybercriminals and will continue to do so for the foreseeable future.
It is estimated that Cybercrime costs businesses $3 billion per year in revenue. Of course, that is a small percentage of the overall market, but it can have a significant impact to small businesses or individuals who have fallen victim to a cybercriminal.
Six ways to protect yourself when doing transactions online
- Only conduct business with websites that have a solid reputation.
- For all financial transactions, make sure that the company’s URL contains ‘https’ in the web address. The 's' indicates it's a secure website.
- Do not perform financial transactions over a public wireless network or on a public personal computer.
- Use unique usernames and strong passwords for sites that require a login.
- Do not store credit card information on sites that you do business with (for example, Amazon).
- Make sure that your home wireless network requires credentials to attach and is encrypted. Consult your wireless router manual for directions on securing your home wireless network.