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Online Shopping Fraud

Published on Nov 18, 2015

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PRESENTATION OUTLINE

ONLINE SHOPPING FRAUD

BY GABBY AND SOPHIA
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Online shopping fraud: people scamming you online into buying a product so that they can steal your payment information.

Photo by Leo Reynolds

HOW TO PROTECT YOURSELF

  • Research company if it's not familiar.
  • Look for privacy policy.
  • Shop only from home computer.
  • Don't pay with options that aren't recommended.
  • Verify secure connections.
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MORE WAYS TO PROTECT YOURSELF

  • Monitor your bank & credit card statements.
  • Never give out your personal information.
  • Use PayPal, it protects you.
  • Avoid paying by money transfers.
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WARNING SIGNS

  • A product is advertised a very low price.
  • The seller wants to meet you somewhere that's not familiar.
  • No privacy policy or secure network statements.
Photo by James Callan

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3 INTERESTING FACTS

  • Online fraud costed e-retailers $3.5 billion in 2012
  • CyberSource's annual report notes in average fraud rate of .9% of online revenue
  • The fraud rate by revenue has gone down over the years
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