Don’t Let it Leave You with Only Coal in Your Stocking
"Take precautions in the online world, as well as on the street, due to the ease in which virtually anyone can open an account to accept credit cards on their mobile phone."
According to a previous Forrester Research report, the growth in online holiday sales will largely be attributed to the tight economy, as consumers look to the Web for the best bargains. And, according to Forrester, the surge will be furthered by the growing popularity and proliferation of Web-enabled smart phones. While this spending increase may portend an economic recovery — a good thing, indeed — the bad news is credit card fraud is especially rampant during times when the overall number of credit card transactions increases exponentially.