The huge requirement of protection against the Internet fraudsters emanates from a proactive approach a person involved in collecting, possessing, using or transmitting sensitive files or information. One can get really smart with the latest and greatest technical tools to prevent data and system from getting into wrong hands, but when the human component breaks down, the mass can and will easily make the entry.

Security is actually a big issue for all webmasters embracing their business through e-commerce and the most prominent areas are credit card fraud and susceptible data storage systems. Moreover, nowadays, even the threats are so varied and sophisticated that tracing them has truly become a problem. For this reason only, all big companies and businesses are spending millions of dollars and tens of thousands of man-hours every year to build and maintain secure systems to protect data in storage and transmission.

High use of integrated fraud tools as standard features of every customer account, such as Address Verification Service (AVS) and Card Code Verification (CVV/CVC2/CID) offer general protection to merchants from fraud. Hence, a more developed, advanced set of fraud detection tools in systems should be designed to rule out fraudulent transactions. Many efficient Fraud Detection Suites are now introduced in the market that mainly composed of quite a few filters and tools to work together and estimate transactions for warning of fraud. Their collective logic offers a potent and well effective defense against many fraudulent transactions.

Below are the 12 major tricks, you can use to eliminate the risk of fraud exposure to your e-commerce business:

•    Always avoid sending any sort of sensitive information through email. Similarly, copying/pasting of any potentially sensitive information from any private business or propriety into emails should be completely eluded.

•    Share customer data only with internal personnel on a need-to-know basis.

•    If in case, you have to download certain files and software then ensure to opt for trusted sources only to avoid any possibility of catching spyware or viruses as they can further damage your security applications.

•    Make sure to use and interface only with proprietary or confidential business applications on networks or the web in the way in which they were designed.

•    It is recommended to maintain an empty external USPS mailbox. By no means ever, leave outgoing or incoming USPS mail in boxes during the night.

•    Leave discreet voice mail messages. Do not leave detailed messages involving sensitive information that can be overheard.

•    Make copies carefully. Always remove and retain originals from the copy machine when making copies of sensitive documents.

•    Do not cut and paste potentially sensitive information from any proprietary or confidential business application into emails or otherwise distribute sensitive information insecurely to customers.

•    Only share customer data with internal personnel on a need-to-know basis.

•    Operating-system patches up to date is quite an imperative activity to perform.

•    Regularly check the internet for fake or duplicate copies of your website. If in case, you encounter any “spoof site,” contact the website’s provider instantly.

•    Employ industry typical computer systems security and efficiently maintain virus detection, firewall, and other prevention options updated.

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Article Source: ArticlesBase.comSpreading Web of Fraudulence in E-commerce

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