Are you one of the increasing numbers of shoppers that embrace the convenience of making holiday gift purchases online? Chances are, yes. Analysts predict that online retail sales this holiday season will surpass $94 billion, being a new record.
We would like to express our appreciation for customers that report suspicious online activity and emails to the Payza Security Center. Your reports help us to inform all Payza members on how best to avoid such online scams so that together we can keep your personal and financial information safe. Here we share simple ways to identify a common online scam, referred to as the phishing email.
Both average citizens and criminal minds adore the convenience of Automated Teller Machines (ATMs). With the growing ubiquity of ATMs around the world, the emergence of cunning card scams that defraud ATM users are becoming all too familiar. Meanwhile, at the ATM most citizens remain unaware of the risks of tossing their card statements in the garbage on the street corner and appear aloof when entering their PIN number in full view of strangers passing by.
Some of the most important changes a small business or freelancer can make to safeguard against data breaches are relatively simple and require minimal effort. Taking appropriate measures to ensure the trust of your current clientele is as important as making new ones. After all, your business depends on the trust built between you and your customers.
Preventing security breaches is a top priority at Payza and we need your help to ensure your account remains safe from hackers. Your first line of defense is to use a strong and distinct password for your Payza account. By distinct, we mean that your password to log in to Payza is different from your passwords for your email, social media, and other online accounts.
Conduct an internet search with terms “payza hack” or “payza money adder” and you will find a plethora of listings; we are not alone: similar “hacks” exist for all major online money transfer businesses. All these sites advertise ways to get free money in your Payza account. It almost seems too good to be true. Well, it is. Let us explain.
When it comes to e-Commerce, security is of the utmost importance. Providing a secure website will give your customers confidence to browse products and, most importantly, share their financial details with you to complete a payment.
Last week the web was rocked with the news of the Heartbleed bug, which affected servers by exploiting a vulnerability in OpenSSL encrypted data (Payza's servers were secure - you can learn more in this post). The vulnerability had particularly severe implications for ecommerce businesses, as it gave hackers access to a server’s memory, where sensitive data like usernames, password information, and credit card numbers are stored. Ecommerce businesses can take this opportunity to take another look at their web server security.
A major vulnerability named The Heartbleed Bug was revealed earlier this week with serious implications for millions of web users. Heartbleed affects servers by exploiting a vulnerability in OpenSSL encrypted data. If you have a Payza account and have saved information such as your credit card number or bank account details, rest assured Payza’s servers have not been affected by Heartbleed.
Running a small online business brings large security concerns. Today's hackers are no longer satisfied with merely disrupting files or posting a message. Many work with organised gangs and aim to steal data and personal and financial details from businesses. Along with damaging a company's reputation, a hack of this kind can cause huge financial damage - costing over 300 billion annually to the global economy, according to a report from the Center for Strategic and International Studies.