Six tips for safer online shopping
With online shopping becoming one of the fastest growing consumer trends in the Middle East and North Africa (MENA) the region is poised to be the next eCommerce hot-spot. PayPal’s recent report highlights that spending online in the MENA region is predicted to continue to increase from the recorded $9 billion in 2012 to $15 billion by 2015. With its convenient access, abundance of attractive offers and staggering range of options, the digital world is being willingly embraced by tech-savvy consumers.
However, the region is also a hot-bed for cyber crime, attracting the attention of hackers and scam artists who are eager to to engage in their own ‘shopping’ – at the expense of their victims. Their activities may involve a range of approaches, such as using stolen credit card and bank account information to fund online purchases, or even go as far as stealing and selling personal information to the highest bidder.