SYS-CON MEDIA Authors: Elizabeth White, Liz McMillan, Pat Romanski, Esmeralda Swartz, Kevin Jackson

News Feed Item

AhnLab Offers Advice on Safe Online Shopping for Cyber Monday

Heavy Online Shopping Day Can Spoil Holiday Season With Security Threats

SEOUL, SOUTH KOREA and SAN FRANCISCO, CA -- (Marketwire) -- 11/21/12 -- AhnLab, a leading provider of information security products and services for consumers, today warned consumers who will be shopping online this holiday season to take precautions to protect their bank accounts and credit cards from fraud and their systems from Malware/Virus infection on Cyber Monday and throughout the holiday shopping season.

According to the National Retail Federation, nearly 52 percent of American consumers will turn to the Internet for holiday shopping this year which is a five percent increase from last year. The NRF says this is the first year the majority of holiday shopping will be done online and that consumers will spend an average of $750 each. Additionally, about 53 percent of smartphone users and 64 percent of tablet users will use mobile devices to research gifts, stores and deals, and make purchases. According to Shop.org, online holiday spending this year is forecast to be almost $96 billion.

According to David Perry, director of security education, AhnLab, while Cyber Monday might be the biggest online shopping day of the year, it also might be the biggest day for online fraud and theft.

"Who doesn't shop online? You avoid the rain and snow, the crowds, the parking and all the madness by shopping online, and if you are diligent you can almost always get a better deal online," said Perry. "The miracle of the Internet, however, is a two way street and just as it makes it easy for you to shop, buy and ship that gift, it also makes it easy for you to fall victim of fraud, theft and forgery. Play it safe this year, and protect your hard earned cash."

AhnLab offers these tips for online shoppers this holiday season:

1. Start with a clean machine: make sure that your computer is malware free before you ever buy online. The most common cybercrime involves planting a spyware agent on your system to capture your account password, your credit card number or other high risk data as you are using it. Update your Internet security program and do a full scan the night before your online shopping spree. This is the ounce of prevention that's worth a pound of cure. When your machine is clean, it eliminates the ability of a key logger from stealing your credit card number even if you are entering it into your PayPal account.

2. Shop with vendors who offer their own accounts. Companies like Amazon.com and eBay take cyber security very seriously and offer a measure of protection against online fraud. You still have to be diligent, but established brands that offer end user accounts are a safer way to go. It's easy to see a great deal on a great product on a site you have never heard of, but if it sounds too good to be true, it probably is. Be careful about clicking through on links on unfamiliar sites as they can trigger malware or a virus.

3. Use PayPal (or another personal account) whenever possible to make purchases instead of using your own credit card as PayPal uses a secondary form of authentication to keep your credit card in one place instead of every store you shop. And if you must use your credit card, check activity regularly to guard against fraud. The law limits your liability to only $50, but only if you detect the fraud in the first 30 days. At no time should you shop online with a debit card. The law offers you no protection for online fraud in a debit card purchase. Keep a printed record of every transaction for every gift. You might need to exchange or return it.

4. Check your card statement every month. This would be the first place you would ever see evidence of banking fraud. This is something that happens every day, and while banks are improving at detecting fraud, online fraud still happens. Remember, the burden of detecting the crime is on your shoulders, and it is your money.

For more tips on safe holiday shopping, go to: http://www.fbi.gov/news/news_blog/holiday-shopping-tips.

About AhnLab

Headquartered in South Korea and with US HQ in San Francisco, AhnLab Inc. (KRX: 053800) develops industry-leading security solutions and provides professional services that are designed to secure and protect critical business and personal information. As a leading innovator in the information security arena for more than 20 years, AhnLab' s cutting edge products and services fulfilling the stringent security requirements of both enterprises and individual users.

AhnLab' s products and services include anti-virus solutions, network, mobile and online game security, security management and consulting services. Today, AhnLab boasts a network of sales and research operations in more than 20 countries worldwide.

For more information on AhnLab, go to www.ahnlab.com or +1-866 666-3080

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media Contact:
Dan Chmielewski
Madison Alexander PR
+1-714-832-8716
M: +1-949-231-2965
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, ...
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...
SYS-CON Media announced that Cisco, a worldwide leader in IT that helps companies seize the opportunities of tomorrow, has launched a new ad campaign in Cloud Computing Journal. The ad campaign, a webcast titled 'Is Your Data Center Ready for the Application Economy?', focuses on the latest data center networking technologies, including SDN or ACI, and how customers are using SDN and ACI in their organizations to achieve business agility. The Cisco webcast is available on-demand.
Datapipe has acquired GoGrid, a provider of multi-cloud solutions for Big Data deployments. GoGrid’s proprietary orchestration and automation technologies provide 1-Button deployment for Big Data solutions that speed creation and results of new cloud projects. “GoGrid has made it easy for companies to stand up Big Data solutions quickly,” said Robb Allen, CEO, Datapipe. “Datapipe customers will achieve significant value from the speed at which we can now create new Big Data projects in the clou...
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what th...
The Internet of Things (IoT) is rapidly in the process of breaking from its heretofore relatively obscure enterprise applications (such as plant floor control and supply chain management) and going mainstream into the consumer space. More and more creative folks are interconnecting everyday products such as household items, mobile devices, appliances and cars, and unleashing new and imaginative scenarios. We are seeing a lot of excitement around applications in home automation, personal fitness,...
Security can create serious friction for DevOps processes. We've come up with an approach to alleviate the friction and provide security value to DevOps teams. In her session at DevOps Summit, Shannon Lietz, Senior Manager of DevSecOps at Intuit, will discuss how DevSecOps got started and how it has evolved. Shannon Lietz has over two decades of experience pursuing next generation security solutions. She is currently the DevSecOps Leader for Intuit where she is responsible for setting and driv...
Dale Kim is the Director of Industry Solutions at MapR. His background includes a variety of technical and management roles at information technology companies. While his experience includes work with relational databases, much of his career pertains to non-relational data in the areas of search, content management, and NoSQL, and includes senior roles in technical marketing, sales engineering, and support engineering. Dale holds an MBA from Santa Clara University, and a BA in Computer Science f...
The Internet of Things (IoT) promises to evolve the way the world does business; however, understanding how to apply it to your company can be a mystery. Most people struggle with understanding the potential business uses or tend to get caught up in the technology, resulting in solutions that fail to meet even minimum business goals. In his session at @ThingsExpo, Jesse Shiah, CEO / President / Co-Founder of AgilePoint Inc., showed what is needed to leverage the IoT to transform your business. ...
SYS-CON Media announced today that PagerDuty has launched a popular blog feed on DevOps Journal. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done.
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, addressed the big issues involving these technologies and, more important, the results they will achieve. Rodney Rogers, chairman and CEO of Virtustream; Brendan O'Brien, co-founder of Aria Systems, Bart Copeland, president and CEO of ActiveState Software; Jim Cowie, chief scientist at Dyn; Dave Wagstaff, VP ...
SYS-CON Events announced today that CodeFutures, a leading supplier of database performance tools, has been named a “Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. CodeFutures is an independent software vendor focused on providing tools that deliver database performance tools that increase productivity during database development and increase database performance and scalability during production.
Cloud Technology Partners on Wednesday announced it has been recognized by the Modern Infrastructure Impact Awards as one of the Best Amazon Web Services (AWS) Consulting Partners. Selected by the editors of TechTarget's SearchDataCenter.com, and by votes from customers and strategic channel partners, the companies acknowledged by the Modern Infrastructure Impact Awards represent the top providers of cloud consulting services for AWS including application migration, application development, inf...
Today’s enterprise is being driven by disruptive competitive and human capital requirements to provide enterprise application access through not only desktops, but also mobile devices. To retrofit existing programs across all these devices using traditional programming methods is very costly and time consuming – often prohibitively so. In his session at @ThingsExpo, Jesse Shiah, CEO, President, and Co-Founder of AgilePoint Inc., discussed how you can create applications that run on all mobile ...
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...