Tuesday, June 23, 2015

Hacking & The Retail Concern By Whistleblowers Against Fraud

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.

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 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.

When it comes to customer information, it's easy to see why fewer people are eager to do business with a number of stores. Fortunately, there are efforts that customers can take so that they will be able to keep their information protected in the long term. Trusted retailers should be focused on, which means that it's the best interest of consumers to conduct research on the matter. In addition, payment options should be handled with care, whether it's a matter of credit, debit, or what have you.




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