Wednesday, June 10, 2015

Whistleblowers Against Fraud & The Dangers Of Hacking

By Bob Oliver


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.

Huffington Post put up an article that talked about a recent survey brought to retail customers. What the survey said was that 45% of said customers would "definitely not" or "probably not" shop at stores which have reported breeches in its credit data. These retailers include Target and Home Depot, which are amongst the most popular stores in the country. When many shoppers seem to be on the fence about doing business with these outlets, it's very telling.

The survey also illustrated how 48% of participants would be more inclined to use cash instead of credit or debit cards during the holidays. To say that cyber attacks have elevated concerns goes without saying, as authorities such as Whistleblowers Against Fraud will be able to attest to. With this in mind, it's important to understand the best methods of protection which can be taken up for the protection of information. In my view, this is where the expertise of WAF may prove to be most useful.

For those who are curious about ways in which credit card details can be kept safer, I'd like to think that different methods can be incorporated. For example, maybe you'd like to minimize or simply limit the number of purchases you typically make over the course of time. It's a strong method to take up, as is the utilization of bank statements for greater insight. These documents can be saved so that you may reference them whenever you feel the need to do so.

As you can see, customers are concerned with the information that may be compromised. This can be alleviated, though, if the proper actions are set in place. To begin with, certain payment options should be handled with a greater level of care, such as debit cards being used and the punching of numbers being concealed. It's also worth noting that some retail outlets are more trusted than others, so try to focus on more reputable names through the process of research.




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