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Shopping online can be just as dangerous to your security as leaving your car unlocked in the mall parking lot.
Consumer Reports notes the following:
Don’t judge a website by its cover. A malicious website can look legitimate, even though it aims to nab your personal data, even identity, or sell counterfeit products.
Others aim to lure you in “with low prices they honor only if you buy extra items, or quietly adding unexpected charges based on fine-print disclosures they know you won't read.”
Defective products. Read the fine print; it may say that all goods “are sold as is.” This means you won’t have the right to receive a replacement for bad merchandise.
You may be able to get a refund within 30 days of purchase, but beyond that, many sites say you must deal directly with the product’s manufacturer (you’ll need to pay for return shipping). Another problem is when the website is not an authorized dealer for the product you bought.
Infected computer, or your payments are disrupted.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
14 August
Oleksandr Strozhemin Co-founder and CEO at Trinetix
13 August
Elaine Mullan Head of Marketing and Business Development at Corlytics
12 August
Abhinav Paliwal CEO at PayNet Systems- A Neo Banking Software Platform
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