It is not unrealistic to think that Wi-Fi hot spots are not the most secure place to shop, bank or do anything online. In fact, many people do not even post on social media or conduct a search engine query while in public places.
A report recently conducted by the US Department of Commerce’s National Telecommunications and Information Administration found that nearly 50 percent of online households reported that consumers stop conducting financial transactions, shopping online, and other Internet-related activities for fear of hacking. Indeed, hacking seems to be in the news almost every day. It’s hard to not think about it.
Enterprises TV also notes from another report, this one from a cyber security firm, that it is increasingly more important that people don’t recycle old user names and passwords. When users cancel an account from one site and re-use the same log in credentials for another online site, personal and financial information can be hacked. This is why it is imperative to create different passwords for each online site that requests them.
Check credit cards and bank statements on a regular basis. Look for small charges and even small donations made to charities, as these are the “test” charges hackers use. If you spot one, contact the institution immediately. To note, the security report also states that e-commerce fraudulent transactions numbered around 60 million in the first quarter of 2016. This is a 90 percent increase over the same time period in 2015. Enterprises TV reminds everyone to be vigilant with online security.