When shoppers consider themselves loyal to certain retailers, chances are that there is a level of trust to be seen as well. Various markets possess their own advantages and it's not likely that people learn about any kind of hacking or efforts made to compromise consumer information. Regardless, this has been a problem as of late and it's one that Whistleblowers Against Fraud can shed light on. To put it simply, retail consumers may be on edge and, given recent details, it's understandable why.
As a report on Huffington Post went into detail about, customers seem to be hesitant about the idea of doing business with retailers through the holiday season. A survey detailed this matter, stating that 45% of those surveyed would "definitely not" or "probably not" do business with outlets like Home Depot and Target during the holidays because of reported breeches in credit card information. This news of cyber attacks has elevated quite a bit of concern, as you can see.
Due to the aforementioned breach, the article also mentioned that 48% of those surveyed would be likelier to use cash during the holidays instead of other means of payment. There has been such a level of concern associated with cyber attacks that authorities like Whistleblowers Against Fraud will not be able to overlook this story. In the face of these attacks, one has to wonder about the methods of protection which can be taken up. Fortunately, knowledge from WAF and others 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, 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.
As a report on Huffington Post went into detail about, customers seem to be hesitant about the idea of doing business with retailers through the holiday season. A survey detailed this matter, stating that 45% of those surveyed would "definitely not" or "probably not" do business with outlets like Home Depot and Target during the holidays because of reported breeches in credit card information. This news of cyber attacks has elevated quite a bit of concern, as you can see.
Due to the aforementioned breach, the article also mentioned that 48% of those surveyed would be likelier to use cash during the holidays instead of other means of payment. There has been such a level of concern associated with cyber attacks that authorities like Whistleblowers Against Fraud will not be able to overlook this story. In the face of these attacks, one has to wonder about the methods of protection which can be taken up. Fortunately, knowledge from WAF and others 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, 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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