Posts tagged credit card protection

The dirty secret of e-commerce world

The main problems strongly related with e-commerce are the falsification of web sites and issue concerning private treatment. These have become major risk factors especially for small businesses.
Many companies that have developed their own business through web site have experienced the threat of software piracy that contributes to a negative approach for consumers.

From the profits point of view hacking involves a substantial lost of revenue, for example the voluntarily shutting down of the site, due to the lost of valued customers and consequently missing of market share.

Companies have to react in a consistent way and the only solution possible seems to be an extensive overhaul of the site using different software or a full upgrade to the latest version of the security programs used. The impact of the hacking is considerable. Hackers can break into servers through Web applications and steal customer credit card information, or worse. Hackers stealing your customers’ credit card information is bad enough, but it is not the worst. Clever hackers could also take control of your Web site or servers and use them to sell illegal merchandise or mount attacks on other sites. Read the rest of this entry »

Fears about online fraud

I would like to share with you some issues pointed out in an article that I recently read in “CorriereEconomia”, an Italian newspaper (November 9, 2009).

In this article the journalist underlines that the fears for chance of encountering fraud in the virtual world are common among consumers. He shows different protection systems that every consumer can use whenever he/she wants to buy online.

“The use of credit cards on the Web is growing strongly” – explains Enrico Albertelli, director of marketing and ecommerce of CartaSi -. “That’s why we offer different levels of security. Each company has created strategies ad hoc. CartaSi for example, has introduced a classical system of data protection with password. It is 3DSecure – specifies Albertelli – and it is based on a program that gives the possibility of combining a code to the credit card number. The password is requested to authorize any online payment and replaces the signature that we have to put on the receipt, when we shop traditionally”. Read the rest of this entry »