Sunday, June 14, 2015

Whistleblowers Against Fraud: How Consumers React To Hacking

By Bob Oliver


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.

According to Huffington Post, a good number of retail customers are on the fence about doing business with various stores with reported credit information breeches. A survey showed that 45% of its participants would either "probably not" or "definitely not" shop at these stores during the holiday season. For those who do not know, the outlets in question include such big names as Home Depot and Target. As you can see, this sort of news is quite telling.

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.

When it comes to customer information, it's easy to see why fewer people are eager to do business with a number of stores. Fortunately, there are efforts that customers can take so that they will be able to keep their information protected in the long term. Trusted retailers should be focused on, which means that it's the best interest of consumers to conduct research on the matter. In addition, payment options should be handled with care, whether it's a matter of credit, debit, or what have you.




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