PayPal warns of ecommerce security risks
Wed, 11 Nov 2009
Consumers have been urged to ensure their online safety if using the internet to shop for goods this Christmas.
Web payment firm PayPal claims that over 27 million people in Britain will be buying gifts on the internet this year, but some will take unnecessary risks as they do so.
The company reports that only one in seven consumers will check they are buying from a trusted website or brands, while three in four will simply look for the lowest price regardless of the dangers.
Just six in ten shoppers look for the padlock icon, indicating that the website is secure, it is reported.
In addition, two thirds of shoppers fail to check if a retailer offers an offline address or customer services number before making a purchase.
Garreth Griffith, head of risk and security at PayPal, said: "Shoppers will be able to get some great bargains online this Christmas but there is no need to sacrifice security in the hunt for a great deal.
"There are some simple steps to safe shopping online and if the deal looks like it is too good to be true then just take a minute or two to check it out."
Last week, David Smith, director of operations for IMG, claimed that the online retail market is continuing to grow.
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