bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Wednesday 07.12.2016 | Name days: Dzirkstīte, Anta, Antonija
LatviaLatvia

Advice on how to protect yourself when making purchases on the Internet

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RULast year, 65% of European Internet users shop online. This is 15% more in comparison with 2007, according to Eurostat data. It is expected that Internet shopping will keep becoming more and more popular in the future.

Here are some pieces of advice to keep your money safe from WestStein board member Signe Kalnina.

Make sure the website you shop at is authentic

In regards to large platforms like Ebay, Amazon, ASOS, Etsy and others, there is no doubt they can be trusted. However, we often look for the best possible deal online. Sometimes this search leads us into unknown territory. For example, there are tens of thousands of websites that sell the popular Beats headphones. At the same time, consumer rights protection authorities in many countries have forced closure on countless fraudster websites.

This is why it is highly important to pay attention when shopping online: check if the website’s name is even the same as advertised (unfortunately, even the most popular Internet shops are forged), check the price, grammar and other details that may raise your suspicion about a website’s authenticity. If a website does not have a contact page, if it does not provide information about the trader, transaction rules and other important information, it would be best to that website.

Make sure the website uses secure https protocol

Before making your purchase, make sure the check if the website’s address starts with ‘https’ and has a symbol of a lock on the side. This means the website is secure. If the address does not have these precautions, it is best to be careful. The ‘s’ is https means all the information processed on the website is encrypted using SSL (Secure Sockets Layer) protocol. This means the data of your payment card will remain secure.

Check user feedback about the trader

Remember – the Internet knows everything. People like sharing their shopping experience and communicating with suppliers. Global outlook of Internet trade prepared by PwC points out that 67% of respondents write and read shopping feedback on social networks. This is why you ought to look up other people’s opinions about Internet traders.

You can also check http://www.resellerratings.com/ to find scores given to different Internet suppliers by users.

Use a separate payment card for Internet purchases

Purchases online is one of the spheres for which it would be prudent to set aside some money for reasons of security. Statistics show that each 86th online transaction is under risk of some kind of fraud.

The easiest solution would be having a debit card that does not rely on the main bank account. It can be ordered online from your bank. What is important about it is that debit cards can only be used to spend money that is added to the card’s account by the user.

«The fact that you should not keep all eggs in one basket is also demonstrated by the fact that two months ago malicious software was discovered in payment systems of more than 20 hotels in USA. This means that it was likely being used to gather and send information about hotel clients’ payment cards to cyber criminals,» – said Kalnina.

Use a payment card with high-level protection

Secure payment card elements, commercial banks and traders ensure the safety of Internet transactions. One of the latest Internet transaction security measures is 3D Secure system. It helps significantly reduce the possibility of someone else’s payment card to perform Internet transactions. It includes an additional identity verification step that allows traders and card users to make sure the card is being used by the real owner. The first stage of the authentication process requires the user to input the payment card holder’s data. The second stage requires the user to input a special password. It is worth keeping in mind that this system is only used by Internet-shops that have joined this system.

Watch your presence on the Internet and regularly check your profile

Almost all Internet shops ask users to create a client profile before allowing any purchases to be made. However, collection of personal data on the Internet is source of headaches for people, as it is nearly impossible to recall where and why people provide their personal data. This is why you should delete the profile on shopping websites you know you will never use again.

Ref: 102.109.109.6823


Leave a reply

84.4% of last year’s cargo volume was transported by rail in Latvia

Continuing last year’s autumn trend, the volume of cargoes carried by Latvijas dzelzceļš had increased in November. The volume of cargoes transported by rail reached 4.46 million tons or 7.6% more in comparison with November 2015.

Ten most outrageous predictions that can potentially shock the finance environment

Can the Chinese economy exceed expectations? Will Britain remain in the EU? Will the Mexican peso grow and will Italian banks become growth leaders?

Ventpils took the most cream from deputy quotas

Although there are 119 municipalities in Latvia, most of the money allocated as part of deputy quotas has ended up only in a couple of municipalities that have direct ties with ruling parties. On top of that, amounts allocated to five municipalities exceed one million euro, according to information from Ir magazine.

European Commission blamed for being passive over gay discrimination in Lithuania

Six members of EU’s European Parliament from five political groups have this week blamed the European Commission for not acting on allegedly clear discrimination against homosexuals in Lithuania.

Estonian minister steps down shortly after taking office

Estonian Rural Affairs Minister Martin Repinski announced on December 6 that he was stepping down from office, having worked in the post for less than two weeks amid scandals surrounding him.

FM: for every one euro paid to EU budget, Latvia receives four euros on average

Next year, Latvia will receive more from the European Union budget than it will pay. For every one euro paid to the EU budget, Latvia will receive four euros in return, says Finance Ministry’s spokesperson Aleksis Jarockis.

Impressive deputy quotas – UGF wants to get more money for its municipalities

The sum of money money allocated for budget quotas has grown to EUR 20 million, because the Union of Greens and Farmers wants to allocated large amounts of money for municipalities managed by the party’s members, notes Saeima deputy Laimdota Straujuma.

Merkel supports limited ban on full-faced Muslim veils

Head of German federal government Angela Merkel has states on December 6 that burka Islamic head-wear should be banned in the country within the limits of law.

Greece accepts extradition of three accused over Turkish coup attempt

A court in Greece has on December 6 accepted that three Turkish troops accused of links to this summer’s Turkey’s attempted coup must be extradited to Turkey.

Elering announces tender for designing and building Estonian-Latvian power connection

As part of building the third power connection between Estonia and Latvia, Estonian power grid operator Elering has this week announced a procurement tender for designing and constructing the Estonian side of the project.

Expert: it is hard to tell small companies how they should work from now on

Because it is not entirely clear how the country’s tax regulations could change in the future, it is very hard to provide any recommendations to small companies in relation to their future, said KPMG senior auditor Gunta Kaulina in an interview to Latvijas Radio.

Authorities stop drug smugglers, one of whom is a convict in Central Prison

On 23 November, officers of State Revenue Service’s Customs Police Office performed multiple searches in Riga. Searches were performed in homes of individuals held suspect for ordering different kinds of narcotic substances from Netherlands with of selling them in Latvia, including to convicts in Riga Central Prison.

VNT doubts the actual situation with source of stench in Ventspils has been checked

Ventspils nafta terminals denies accusations voiced against the company in relation to the spread of petroleum stench in Ventspils last week, although the company did not perform any cargo operations in the respective period.

Social networks and YouTube to build database to prevent recruitment of terrorists

Largest U.S. social networking companies have stated on December 5 that they cooperate to create a joint data base with images and videos that are employed to lure users into terrorist activities.

Economist: investment inflow will be positive, but slower than last year

In Q3, the current account formed a surplus of 1.5% of the country’s GDP, according to data from the Bank of Latvia. This year’s general surplus is 1.1% of GDP. It is expected that investment inflow will remain positive before the end of the year. It will be slower than last year, predicts Swedbank economist Agnese Buceniece.

Kaimins: government is prepared to dump billions into iron and concrete, but not people

«Thank the government for its lack of spirit, reversed priorities, cynicism and indifference towards Latvian taxpayers,» – said Saeima’s independent deputy Artuss Kaimins in his speech to the parliament.

French Interior Minister nominated for post of PM

Following the resignation of the current French PM, on December 6, the country’s Interior Minister Bernard Cazeneuve has been named as the next head of government.

Pabriks: deals in the media sector are a matter of state security

Deals in the media sector are a matter of state security. With that, Prime Minister Maris Kucinskis and Economy Minister Arvils Aseradens should be more active in efforts to control strategically important business directions, said MEP Artis Pabriks.

Estonian manufacturers step up against excise tax hike on natural gas

Nine Representative bodies of Estonia’s manufacturing industry and the Estonian Employers’ Confederation jointly addressed the government on December 5 protesting against a planned excise tax hike on natural gas.

PHOTO: new Bombardier CS300 in a test flight above Latvia

On Monday, 5 December, Latvian national airBaltic airline performed a test flight above Latvia using the new Bombardier CS300 aircraft before its first commercial flight, which is planned for 14 December on the Riga-Amsterdam route.

Ventspils to spend EUR 23,000 on New Year’s fireworks

Festive New Year’s fireworks will cost EUR 22,900 without VAT in Ventspils this year, according to information from the Procurement Monitoring Bureau.

UN resolution for truce in Aleppo blocked by Russia and China

In a UN Security Council vote for a resolution urging to put in place a ceasefire in Syria’s possibly besieged second city of Aleppo, Russia and China have on December 5 used their right to veto.

20 additional stationary speed cameras are deployed on roads in Latvia

Based on the 8 November conceptual report of the Cabinet of Ministers regarding the progress of deployment of speed cameras, it is planned to install 20 more stationary speed cameras on roads in Latvia this Tuesday, 6 December.

International creditors agree on Greek debt relief

International lenders have on December 5 pledged to ease the heavy debt burden of Greece after a meeting of Eurogroup finance ministers.

BALTA: growth in non-life insurance market exceeds GDP growth indexes

In spite of slow non-life insurance market growth in Latvia, which had reached a mere 6% in the first three quarters, BALTA insurance association concluded the first nine months of 2016 with profits of EUR 3.2 million.

Newest comments