1 in 10 are Internet fraud victims

Recent claims that as many as 10 per cent of British consumers have been the victims of Internet fraud might be too conservative.  That’s according to reports by ProCheckUp who say that the 10 per cent figure may pertain strictly to scams for cash.  There are other Internet scammers who rob people of their user credentials.  These credentials are used across various sites and may have a potentially higher profit for thieves than do credit card numbers.

The other factor in credential theft is that it is becoming harder to steal credit card numbers.

ProCheckUp says that in performing a check on a popular site with around 100.000 subscribers they found that hackers were interested in first downloading passwords and usernames.  People often make the mistake of using a single user name and password for multiple sites; this increases their vulnerability at various sites.

Other recent reports say that nearly 33 per cent do not use the Internet for shopping because they fear identity theft.  This puts the government numbers for a digital Britain far behind projections

Experts say that online businesses need to realize that they should be responsible for their customer security.  Until online business can provide shoppers with protections that will make them feel secure, the trend is likely to move away from buying online, rather than toward it.

Other experts say that it is ultimately the job of the online customers to take methods to protect themselves from fraud.  Consumers need to do things, they say, such as creating individual usernames and passwords for individual sites.  That way, if they get hacked at one site, they will not be automatically hacked at all others.