Securing e-Commerce From Identity Theft

  • Fraud Prevention

Ecommerce websites can be a vulnerable place for transactions if the proper solutions arent implemented. As consumers become more dependent on their wireless devices and mobile payments, fraudsters will continue launching identity theft attacks that are both sophisticated and hard to detect. We are seeing a trend today where large companies arent being proactive in protecting their customer information from identity thieves. Most businesses already heavily rely on the speed and convenience ecommerce offers consumers while reaping the benefits of each transaction. But for all its ease and opportunity, ecommerce does present challenges.

Importance of e-commerce security

Most systems are standardized all over the world, every fraudster knows exactly what information they must steal in order to impersonate someone (name, address, credit card number, expiration date, security code, phone number, email) and consumers are always required to transmit this information in ecommerce, allowing a constant window for information to be stolen. Ecommerce security is important to users, banks and credit card companies. Implementing a system for securing personal and financial identity should always be top priority. Identity and age verification solutions can provide a safe and cost-effective way to overcome the challenges and approve more orders in less time.

There are no easy answers or solutions to identity theft. It is a problem that will be around for a long time. As technology keeps improving, identity thieves are constantly finding new ways to sabotage and exploit private and confidential information. We are here with the ultimate goal of helping you become more knowledgeable in protecting your information. Identity verification and authentication solutions allow you the opportunity to be proactive and keep your system secure. Why not get ahead of the fraudsters now, and take the necessary steps to protect yourself as much as possible.

[Contributed by EVS Marketing]