There is no denying that internet transactions are a very common aspect of today's business world. There was a time when buyers could not trust sellers and vice versa. With the gradual development of ecommerce and the vastly improved security of online payments, online buyers and sellers earned a better reputation. But we are in a different position today, the real threat to online security is coming from neither the buyer nor the seller. There is a third group of people that are trying hard to ruin a great system of doing business. These professional fraudsters use frauds like phishing and emailing to cheat innocent victims. The victims of such online frauds could be a buyer or a seller, or even someone who has never transacted online.
Phishing is the name given to a term where, fraudsters try to extract confidential information from victims. They could use emails or even conventional phone calls to do this. Email frauds are perpetuated by trying to direct the victim to clone websites. These websites are set up to look like the website of a bank or other financial institution. The email urges the victim to click a link (on the email) and update some banking or credit card information. Once the victim does that, the clone website catches the information and makes it available to the fraudster.
The best way would be to make buyers aware of various online security threats. But sellers fear that increasing awareness among buyers would keep buyers away from online purchases. This is one of the main reasons why innocent victims become aware of online frauds only after they have been badly affected. The attitude of the seller needs to change, well informed buyers can protect themselves by taking simple precautions. We have put together a complete blog related to online threats and frauds. We urge you to read the information and stay updated with the latest gimmicks and threats. On our part, we will continue to add information as and when it becomes available to us. We can together increase the awareness of these online frauds and make sure that they do not stunt the development of an amazing trade channel, the Internet. The blog can be seen here
http://extrajewel.com/security/ 
