The Ways Cyber Fraud Can Happen to You, and How to Stop It

It is definitely more comfortable to open up an internet browser on your PC or phone to do your shopping from home than to go to a shopping mall, but with this added convenience comes a risk. With your financial information being sent through the internet, hackers and scammers have more opportunities to access vital information than ever before.  Rasmussen presents e-commerce trends, cyber crime data, and tips for keeping your cyber wallet safe in the infographic below.

10% of Americans have been a victim of credit card fraud and the FTC reports nearly 10 million incidents of identity theft and fraud each year. Mobile devices are seeing an increased wave of cyber attacks through app replacement, API reverse engineering, and malware on premium services, yet only 26% of smartphone users have installed security software to protect themselves. Be proactive in monitoring your accounts, only purchasing from trusted secure and encrypted sites, and updating your OS and apps regularly to prevent becoming a part of this rising statistic.