Online Shopping Card Not Present Fraud

A massive loophole in the online shopping area is Card Not Present Fraud which renders chip and pin useless. Card not present is proberly more of a threat today than card skimming. Consider this to order something online with your bank/credit card you dont need your pin number , a complete layer of account protection is removed, this is very bad indeed and means fraudsters only needs the info on your card that can be seen with the naked eye. If two fraudsters were strategically placed they could snap high quality images of your card as you took it out, they would then follow you, assuming the last place you stop is your home address and will attempt to misuse your credentials.

This is only effective in online shopping as when buying in a shop you need to present your card.

To replace this loss of account protection the big boys are stepping up
If your card bears the VISA symbol


You can use the verified by VISA service,which is free of charge to use and also protects retailers against missuse.
Sign up to Verified by VISA here





Alternately if your bank card bears the Mastercard logo.

You can sign up to the mastercard secure code scheme which adds additional layer of security to your online purchases. Sign up Here.



Once again the integrity of the systems used by mastercard secure code and verified by VISA realies on your antivirus software to be up to date. So You can see its not totally safe.