Fraud-proof Your Online Shopping

No-one wants to find themselves at the centre of an online fraud saga in the middle of the festive season — the horror! To prevent this from happening Susan Potgieter, SABRIC’s acting CEO, enlightens us on ‘card-not-present’ fraud!

- Kemong Mopedi

The end of the year is a time for most of us to let our hair down and spoil ourselves for the past months of hard work. Sadly, this is also a time when online scammers are hard at work coming up with new strategies of relieving you of your hard-earned money! Ever had a transaction go through on your bank account while your card is nestled comfortably in your purse?

Some of the most common scams criminals use to con online shoppers include deposit and refund scams, dating and romance scams, online gaming scams, classified/holiday scams, as well as puppy scams, where shoppers are conned into purchasing pups that don’t exist. Criminals sure know how to tug at their victim’s heartstrings and will make use of social engineering tactics to do so. Remember that if an offer seems too good to be true, it probably is.