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How to Protect Your Online Business from Fraud

Are you looking for ways to protect your e-commerce site from fraud? The situation is becoming worse so it’s important to take steps to keep your business as safe as possible from fraud. The good news you can take some effective steps to achieve that goal. They include the following ones:

  1. Watch out opening attachments

When you get an email from an unknown source it’s highly advisable not to even open the mail. There is likely a suspicious link contained inside that could lead to a fake site, and result in financial theft and/or identity theft. Those are both situations you’ll want to avoid.

However, besides the web links in thequestionablee-mail, you should also be careful about attachments. The reason is that they often contain malware such as worms and viruses. The malicious software embeds itself in your devices and might try to retrieve data for the purpose of identity theft.

The main issue is that once your computer gets infected with the malware it can be tough to remove it. This highlights the importance of being very cautious when you get anemail from a questionable source. It’s definitely a situation you’ll want to avoid.

  1. Turn off file sharing

It’s important to disable this feature on your computer. The reason is that anyone in your particular workgroup can see your files. This doesn’t mean that you won’t be able to access people. What it means is that you can pick and choose who you want to show your computer’s files to.

  1. Check your credit card/bank statements

This starts with checking your credit card/bank statements every month. Keep an eye out for unauthorized transactions. It’s highlight advisable to cross-reference the statements with receipts that you received for your expenses.

Keep in mind this is just the start. You should also check your account online every week. That will also help to detect if there’s any fraudulent activity happening with your account. This might seem like a hassle at first. However, consider how many times you check your Facebook or email account each day. Compared to that figure it doesn’t take much time or effort to check your financial accounts to see if there have been any unauthorized transactions.

  1. Keep anti-virus/malware updated

If you’ve installed such software on your devices then you’ve taken one of the most important steps when battling online fraud. However, keep in mind that’s just the start. The software won’t be very helpful unless you keep it updated. Whether it’s anti-malware, anti-virus, or similar types of software it’s critical to keep it updated. That will give you the best chance to battle online fraud.

You should also make sure your operating system (OS) is also update to date. This is yet another step you can take to help protect your devices including PC/Mac and smartphone/tablet from malware and financial/identity theft.

You’ve probably heard this advice several times but it’s worth repeating. Make sure you use a password with at least 16 characters. It should also include letters, numbers, and symbols.

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