How to avoid increasing online credit card fraud?

How to avoid increasing online credit card fraud?

Credit card scams have exploded in many countries. And figures are quite impressive. See how to buy vpn online with a credit card.

Most card frauds in the world actually happen in the United States. In fact, a Barclays 2015 research note  states that the United States is responsible for 47 percent of the world’s card fraud despite only accounting for 24 percent of total worldwide card volume.

The high level of debit and credit card fraud in the United States has also some impacts on other countries. Indeed, among U.K.-issued cards in 2015, 35 percent of fraud-related losses occurred in the United States, compared to 10 percent in France and Australia, 9 percent in Canada and 6 percent in Germany.

We can also talk about cross-border fraud occurs when criminals use a consumer’s credit or debit card data in one country to make fraudulent transactions in another country. In 2014, 47 percent of fraudulent cross-border transactions on U.K. credit cards took place in the United States.4. But still, you can buy vpn online with a credit card.

U.S. credit card fraud has also increased a lot. About 31.8 million U.S. consumers had their credit cards breached in 2014, which is more than three times the number affected in 2013.

In France, in its latest report released in September 2015, the National Observatory of delinquency and criminal responses (ONDRP) reports an increase of more than 300,000 families having suffered credit or debit card fraud, since 2010. The massive development of new computer networks is the main cause.

The scourge is increasing and the vocabulary is also evolving with new words such as “phishing” and “scam”. According to ONDRP, in general, the damage is less than 300€ (58% of cases). Among the victims, more than two thirds said they did not know the procedure. But in over 30% of the cases, online purchase is the main reason of a scam. With the growth of online transactions, fraudsters have multiplied attempted scams.

Most commonly used techniques are:

  • Phishing. This means misleading emails sent to consumers, which look even more real than those of suppliers or service providers such as banks, telephone operator … The victims are asked to fill in unsuspecting questionnaires asking them to provide their bank details.
  • Spyware. This is about installing a software on a computer when downloading something or opening an email without the owner even realizing it. Everything that happens on this device is then recorded including the credit card numbers that will be typed on the keyboard during an online purchase.

So what to do in case of such scams? First you should call your bank to block your card and to get a refund. In most countries, banks are obliged by the law to pay the entire stolen amount. You can also go to declare it to the police, but in much case, the criminals don’t get even found.

How can you prevent yourself against such attacks? Banks have announced an increasingly security system. On the internet, many sites say they ensure secure payment, sometimes with an additional security system called 3D Secure that has been used since 2008: this safety standard adds a step in the transaction (e.g. sending a SMS verification code on the cardholder’s mobile number). This helps in reducing fraud, but cybercriminals can also hack the mobile phone number of the owner of a hacked computer…

The problem is not new and yet fraud continues to rise, but what do banks do to prevent this? Users may be quite protected after they discover the fraud, but before the fraud, things do not move.”

On a daily basis, some simple steps can limit the risk of your banking information being hacked. Just be careful before you buy vpn online with a credit card:

  • Focus on secure and known websites. Today, secure payments represent only 27.5 % of all online payments, and many e -commerce sites are still reckless.
  • Monitor your bank statements. Banks usually do not contact their customer in the event of unusual activity representing large sums of money.

The best way to protect your banking and personal data is to use a VPN service. This will ensure that no one listens and uses the data that you send through an unprotected internet connection. You will prevent your credit card number, online banking passwords, e- mail accounts or your social networking profiles to be intercepted and used, without even your knowledge.

How to buy vpn online with a credit card? You can be sure to buy Le VPN safely with your credit card.

Our service VPN encodes your Internet connection with a complex encryption system using the AES-256 algorithm. This coding will thus make it impossible anyone to interact with your personal data, even if your connection has been compromised or intercepted. Any information you send will go directly into your secure virtual tunnel. With VPN you can easily direct your traffic by choosing a server in one of the 100+ countries available. This way, you will enjoy the best VPN service for a secure Internet connection from your computer, tablet or mobile phone, even being able to use a VPN connection simultaneously for 2 devices.

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