the way top tips on buying online in a safe your bag

By Editor posted 27 Oct 2015 - 12:49PM Banking Online shopping is big business these days, with more and more consumers across the world turning to the world wide web to purchase goods. This is especially the case in countries where ecommerce is really taking hold over the way people shop. For example, according to the collaborative study published by the OC&C Strategy Consultants, PayPal and Google, the online retail markets in the the US, UK, Germany and China will double to £645 billion by 2018. Needless to say, this has caught the attention of cybercriminals who are keen to exploit individuals benefitting from the convenience, affordability and choice that makes the internet such a compelling place to be. With that in mind and conscious that the Christmas season is about to get underway, we have put together five top tips on how to stay safe and secure when shopping online. Stick with trusted brands that have a strong reputation Brands Sticking with popular brands is as good as any advice when shopping online. Not only do you know what you’re getting by way of quality and price, but you also feel more confident that these well-established names have in place robust security measures. However, be careful, as fraudsters often create fake and professional looking websites to lure in unsuspecting victims. Their efforts can be quite remarkable, as researchers at Google and the University of San Diego found last year. They observed how high-quality phishing sites are so effective that they have a 45 percent success rate at extracting data. For average-looking fakes, that figure drops down to 14 percent. Use credit cards and secure payment services instead of debit cards Online shopping As a general rule, credit cards, in comparison to debit cards, offer consumers additional protection when shopping online. The main advantage of the latter is that a credit card account is in no way linked to whatever funds you actually own. And that’s not all – there are other benefits too. “Unlike debit cards, credit cards may have a limit on the monetary amount you will be responsible for paying if your information is stolen and used by someone else,” explains Stay Safe Online, a National Cyber Security Initiative. Likewise, using secure online payment services, like that offered by PayPal, are advisable. The advantage with these providers is that they act as a kind of middle man, whereby you deliver payment to them – i.e. PayPal – and they then pass this onto the retailer. Your bank details always remain unseen. Look out for https URL and the padlock symbol Https https, which was developed by Netscape, is an online safety protocol that encrypts information so that data can be kept private and protected. In most cases, the text in the URL is preceded by a padlock symbol (if this is missing, the website should be treated with caution). The ‘s’ in https incidentally, stands for secure. Websites that use https are safe because they utilise SSL (Secure Sockets Layer) to encrypt any information that is distributed online, such as your credit card details.