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  •  Home > Online shopping security

            Is online shopping secure? This is similar to ask if trading stocks online is secure. Back several years ago, many people had concerns about the security of buying and selling stocks online. Today, no one seems to worry about it anymore because everyone appears rushing to trade stocks online.

            The answer is that as long as a broker or an e-tailer takes necessary security measures, the security will not be a problem.  This is done by secure server software that encrypts all of your personal information, including the credit card number, name, and address, so that no one can read the information when it travels over the Internet.

            Therefore, before you buy from an e-tailer, look for the statement or symbol regarding the transaction security of the site (for example, Verisign). Leading e-tailers should have the policy that guarantees the security. However, some small e-tailers do not have it.

            In case someone steels your credit card information and have made unauthorized purchase as it may happen in other occasions, your credit card provider cannot hold you liable for more than $50.00 of fraudulent charges under the Fair Credit Billing Act. Of course, you must notify the provider as soon as possible in accordance with its reporting rules and procedures.

            Another online security issue is the privacy policy. Some e-tailers may disclose the customer information to a third party in exchange for money. This may post a security problem for you. Therefore, Be sure to look for the statement on privacy policy as well.


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