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Tips for the Prevention of e-Commerce Fraud

A few simple measures can protect companies from falling victim to e-Commerce-related fraud: • Remember, if a deal at an unknown e-Commerce merchant seems too good to be true, often it is not true! Verify the legitimacy of the web site and establish their credentials. • When going on an online shopping spree, always deal with well-known and reputed merchants. • Web sites created to lure consumers and commit fraud appear and disappear quickly, making it difficult for them to be tracked later. If you find a website to be suspicious, print the screen and any correspondence that you may exchange. This would be a handy tool for investigation by the service provider or the police, if required. • Never register at any web site with the same e-mail ID as your user name and password that you use for your normal banking transactions. • Never share your card and its CVV number, expiry date or PIN with any entity – even colleagues, friends and family. • Never transmit these details, even to yours...
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