Essential Tips for Safe Online Shopping: Understanding the Risks and How to Protect Yourself
By Shibu Paul Online shopping offers convenience, variety, and sometimes even better prices than traditional brick-and-mortar stores, with global retail eCommerce sales expected to reach $8.15 trillion by 2026. However, this growth has also led to a rise in cybercrimes such as phishing scams, mobile spam calls, and credit card data theft. In fact, 54% of consumers have encountered suspicious online activities, with 21% concerned about credit card theft. While online shopping is generally safe, but cybercriminals use tactics like social engineering to steal personal information, leading to financial loss. North America’s online payment fraud rate is 42%. Protect yourself by using secure websites, avoiding suspicious emails, and connecting to encrypted Wi-Fi. Staying vigilant ensures a safer shopping experience. Online Shopping Risks Identity Theft and Fraudulent Transactions One of the most significant concerns with online shopping is the risk of identity theft. Cybercriminals may use ...