Ecommerce Fraud and Security: 11 Resources to Stay Up-to-Date

Jan 19, 2020

11 resources to stay informed on e-commerce fraud

E-commerce is expanding rapidly, but unfortunately, eCommerce fraud is also on the rise. Fraudulent activities may originate from either the buyers or the sellers, and sometimes even both parties are involved in the scam. Fraudsters are always devising new schemes to exploit the system, so it’s critical to stay alert and keep yourself informed.

In this post, I will share some resources to help you stay informed about eCommerce scams. Please bookmark these resources for future reference.

1. PayPal being a frontrunner online payment system, is active in keeping its users informed of the latest frauds. Browse and bookmark its protect your business page to stay in the loop. I also found the following two articles very resourceful

Stripe, a financial infrastructure platform for businesses also has a great guide on e-commerce fraud.

2. FBI (Federal Bureau of Investigation),  the domestic intelligence and security service of the United States is continuously sharing and updating fraud schemes to prevent businesses or people from being a victim. Please go ahead and check out their common fraud schemes page to find out details.

The United States has a highly developed economy with a population of approximately 333 million people, making it a prime target for scams.

3. FTC (Federal Trade Commission), an independent agency of the United States government, shares recent scams and warning signs to keep businesses and people safe. Browse now and bookmark or subscribe to their scam alerts. You can filter scams by topics as well.

4.  The National Cyber Security Alliance (NCSA), is a nonprofit in the U.S.A that empowers people to use the Internet safely & securely. Their Twitter account is a great source to stay current on eCommerce security.

5. Action Fraud, is the UK’s national reporting center for fraud and cybercrime. I found their Twitter account is very active. If you are a business owner or buyer in the UK, consider following them there to stay know the latest eCommerce frauds.

The economy of the United Kingdom is also powerful, which makes it another prime target for eCommerce scams.

6. Europol, is the European Union’s law enforcement agency. Their Twitter account is actively sharing information to keep the users out of fraud.

7. Akamai Technologies, Inc., an American content delivery network, cybersecurity, and cloud service provider. For experts, their state of the internet/security report could be a great source.

8. Consider joining these Reddit communities to stay up-to-date on the eCommerce and other kinds of fraud

9. Troy Hunt, an Australian web security expert is renowned for public education and outreach on security topics. He is active on Twitter, continuously publishes videos on YouTube, and sends out newsletters. So, there are different ways to get security resources he is sharing online. Try to be in touch with his security tips.

10. Risky Business, a popular IT security podcast for infosec professionals both in Australia and all over the world. It is published weekly and hosted by award-winning journalist Patrick Gray. This podcast is full of up-to-date information and is a huge source to stay current on eCommerce fraud.

11. Popular eCommerce platforms such as Shopify, Adobe, WooCommerce, Salesforce, etc. provide guidance on enhancing online security.

Don’t let haste get the best of you when it comes to eCommerce. Take the time needed to ensure that all tasks are completed thoroughly and effectively. Remember, the success of your eCommerce endeavors may well depend on it.