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The Other Online Credit Card Fraud

April 9, 2006

In many studies a large amount of shoppers say that they don’t shop online for fear that someone will steal their credit card information. Companies and websites have fought back with more protection and encryption. However consumers can protect themselves by having the latest security software for their computers.

The biggest online fraud right now isn’t very well known to many online shoppers and those who fear to shop online. This fraud involves the people who sitting at the other of the computer working for the company you are trying to make a purchase from.

The dishonest employees will steal credit card numbers, address info, name, dob and everything else they can get their hands on. The information can then be sold in which case someone now has your identity and can put you in debt very quickly. Another method is they change a little bit of information and this allows them to transfer money from your accounts to theirs.

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