The internet has reshaped the way we shop, with consumers now relying more on retail apps and social media advertisements. But with billions of dollars spent each year shopping online, consumers are leaving a virtual back door open for people intent on cheating them.
Alan Brill, Senior Managing Director in the Cyber Risk practice of Kroll, a division of Duff & Phelps, states in the Washington Post that, “The Internet was never designed to be secure.” Alan further highlights, though online sales come with alluring offers, the risk of fraud within e-commerce transactions is constant and one should adhere to and employ five best practices when shopping online.
The full article is available to subscribers of the Washington Post here.