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Internet Fraud is on the rise with scammers not only sending out proliferations of scam emails for lottery scams, the 419 or 'Nigerian' scams, multi media piracy, investment and securities scams, chain letters and pyramid scheme scams, and unlawfully selling prescriptions online there is a rising trend in general internet fraud for the online trader.
If you are the owner of an E-Commerce website you must be particularly vigilant these days in the arena of the world wide web to protect your business from online fraud. As an online trader myself I have witnessed first hand the regular and increasing attempts to defraud our jewellery business through online ordering. Many of these fraudsters are identified before they can actually place an order through our website's ecommerce systems, occasionally an order slips through and gets appro
ved by our online ordering systems so in this case how do you identify that it's a suspicious transaction?
The key identifying tags of 'online fraud'