A new retail fraud survey found that online fraud now represents 4% of all types retail fraud, marking a significant increase in online crime data and highlighting lax attitude towards online security retailers that costs about £ 136million in lost revenue each year.
These losses are directly attributable to the stolen information to vulnerable Internet users, which presents itself as no surprise following the recent revelation that online data fraud has increased by 300% since 2010, with a high proportion of Internet users using the same password for multiple accounts without protecting their network connection. According to figures released by Experian, a combination of weak passwords, a growing number of online accounts and online security poor was responsible for the rise, leaving a considerable number of online retailers vulnerable to fraud.
Customers leave their data open to attack by frequently accessing the Internet by the increasing number of Wi-Fi hotspots, a phenomenon that is expected to increase in the coming years, mobile broadband companies vie for increase access to the Internet to those on the movement account. While this technology is a great way to give commuters access to their emails and documents on the move, leaving unsecured access their data vulnerable to hackers who can steal passwords and other information with relative ease .
All consumers who are happy to connect to hotspots for the purpose of shopping online are encouraged to take measures to prevent them from becoming victims of online fraud, with one of the methods the most practical and effective is to subscribe to a VPN service reputable. Using a VPN service when you connect to the Internet is one of the best ways to ensure your data remains safe, offering an encrypted online connection, without the risk of fraud.
A reliable VPN service and cheap can help bring online fraud down its record high levels, thereby reducing the amount of fraud in online retail, which became widespread in digital era. As a consumer, a VPN will also give you peace of mind that your personal data are much less vulnerable to criminal activity surfing the net.
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